Skip to content
As enacted
Contents

Part XIX · Repeals and Savings

131. Transitory credit to credit institutions in respect of lending operations carried out for productive purposes

Official English translation. Where it differs from the Sinhala or Tamil text, the Act itself says which text prevails.

Notwithstanding the provisions of paragraph (a)

of subsection (1) of section 114, any outstanding credit granted to credit institutions pursuant to section 88A of the

Monetary Law Act (Chapter 422) and any credit guarantee given under section 108 or 108A of the said Act shall be maintained under this Act subject to the terms and conditions as agreed.