16. Assignment of insurance policy by way of security for loan

Official English translation. The Sinhala text prevails. Open the official Sinhala text, official PDF on documents.gov.lk

The holder or holders of an insurance policy issued by the Board may assign such policy to an approved credit agency as security for a loan given by such agency to such holder or holders.

Read on from s 17

Part III

Finance

Read on from Part III

Part IV

General

Read on from Part IV