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As enacted
Contents

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.

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

General

Schedules