3. Amendment of section 64 of the principal enactment

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

Section 64 of the principal enactment, as amended by

Act No. 5 of 1959, is hereby further amended, by the substi-tution, for the definition of “debtor”, of the following definition :—

‘“ debtor” means a person—

(i)

who has created a mortgage or charge over any immovable property or any part thereof and whose debts in respect of such property exceed the prescribed amount ; or

(ii)

who is a tranferee of a right of redemption on a conditional transfer, and includes the heirs, executors and administrators of such person. ’.

2—A 68464 9,925 (88/03)

Amedment

Annual subscription of Bills and Laws of the Parliament Rs. 150 (Local),

Fs. 220 (Fereign), payable to the SupeRINTENDENT, GOVERNMENT PUBLICATIONS mhuprag, P AO. Box 500. ConomsBo 1, before 15th December each year in respect of the vear following.

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