3. Amendment of section 428 of the principal enactment

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

Section 428 of the principal enactment is hereby amended as follows: -

(1)

in subsection (3) of that section, by the substitution for all the words and figures from

“registered under the Registration of

Documents Ordinance (Cap. 117)” to the end of that subsection, of the words and figures “registered under the Secured

Transactions Act, No. 17 of 2024 and the provisions of that Act shall apply in regard to such floating charge.”; and

(2)

by the repeal of subsection (4) of that section.