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As enacted
Contents

Part I · Licensing of Companies Carrying on Microfinance Business

5. Form and duration of licence

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

A licence issued by the Board shall be in such form as may be specified by the Board by rules made in that behalf and shall remain in force until the thirty-first day of

December next following the date on which the licence is granted and shall be renewable annually upon a fresh application being made.

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