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Part II · Finance

29. interpretetion

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

In this Act, unless the context otherwise requires-—

“Bank of Ceylon” means the Bank of Ceylon established by the Bank of Ceylon Ordinance (Chapter 397) ;

“Central Bank” means the Central Bank of Sri Lanka established by the Monetary Law Act

(Chapter

422) ;

“Development Finance Corporation of Ceylon” means the Development Finance Corporation established by the Development Finance Corporation Act

(Chapter 165) ;

“finance company” means a Company registered under the Finance Companies Act No. 78 of 1988 to carry on finance business ;

“licensed comroercial bark”

means a licensed commercial bank within the meaning of the

Banking Act, No. 30 of 1968;

“Jending institution” means—

(a)

a licensed commercial bank

;

(b)

a finance company

;

(c)

the National Savings Bank

;

(d)

the National Development Bank of Sri Lanka ;

(e)

State Mortgage and Investment Bank

;

(f)

Deveiopment Finance Corporation of Ceylon ;

‘Monetary Board” means the Monetary Board of the

Central Bank constituted under section § the Mone-tary Law Act;

12

Credit Information Bureau of Sri Lanka

Act, No. 18 of 2990

“National Development Bank of Sri Lanka” means the

National Development Bank established by the

National Development Bank Act, No. 2 of 1979;

“National Savings Bank” means the National Savings

Bank established by the National Savings Bank Act,

No. 3 of 1971;

“People’s Bank ” means the People’s Bank established by the People’s Bank Act, No. 29 of 1961 ;

“ State Mortgage and Investment Bank ” means the State

Mortgage and Investment Bank established by the

State Mortgage and Investment Bank Act, No. 13

of 1975.

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