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srilawsby aturio
As enacted
Contents

Part II · Directions, Rules and Requirements on Finance Companies

19. Carrying on business by finance companies

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

A finance company shall at all times carry on its business in such manner so as to safeguard the interests of its depositors and shall take all such measures as are reasonably necessary to repay or pay on the due dates as the case may be, the deposits or interest thereon to its depositors.

Read on from s 20

Part III

Examinations and Supervisory Actions on Finance Companies

Read on from Part III

Part IV

Financial Statements and Audit of Finance Companies

Read on from Part IV

Part V

Regulatory and Resolution Actions on Finance Companies

Read on from Part V

Part VI

Insurance of Deposits

Read on from Part VI

Part VII

Action Against Persons Carrying on Finance Business or Accepting Deposits Without Authority

Read on from Part VII

Part VIII

Offences and Penalties

Read on from Part VIII

Part IX

General

Read on from Part IX