As enactedVersion · As enacted
Contents
Microfinance Act 2016 · As enacted
1. Short title and date of operation
Official English translation. Where it differs from the Sinhala or Tamil text, the Act itself says which text prevails.
Official translationFrom Department of Government Printing, unchanged
This Act may be cited as the Microfinance Act,
No. 6 of 2016 and different Parts of this Act shall come into operation on different dates as the Minister may appoint by
Order published in the Gazette.
Part I
Licensing of Companies Carrying on Microfinance Business
Part II
Business Restrictions on Licensed Microfinance Companies
Part III
Management of Licensed Microfinance Companies
Part IV
Directions to and Rules Governing Licensed Microfinance Companies
Part V
Financial Statements and Audit of Licensed Microfinance Companies
Part VI
Examination and Supervison of Licensed Microfinance Companies
Part VII
Cancellation of the Licence and Winding Up of Licensed Microfinance Company
Part VIII
Microfinance Non-Governmental Organizations
Part IX
Principles, Standards and Guidelines Laid Down by the Board
Part X
Immunity from Prosecution
Part XI