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As enacted
Contents

Part I · Licensing of Companies Carrying on Microfinance Business

3. Licensing requirement to carry on microfinance business

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

Save and except as provided for in section 2, a person shall be eligible to apply for a licence under this Act, if such person is a company registered under the Companies Act,

No.7 of 2007 not being a company limited by guarantee, a private company, an offshore company or an overseas company.

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