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srilawsby aturio
As enacted
Contents

Part I · Establishment of the Microfinance and Credit Regulatory Authority

3. Objects of the Authority

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

The objects of the Authority shall be to –

(a)

regulate and supervise licensed moneylenders;

(b)

regulate and supervise licensed microfinance institutions;

(c)

coordinate with the Central Bank and the relevant regulatory authorities that regulate and supervise registered co-operative societies, samurdhi community based banks and samurdhi community based banking societies, Farmers’

Organisations, stock brokers and insurance business; and

(d)

protect the customers of licensed moneylenders and licensed microfinance institutions.

Read on from s 4

Part II

Administation and Management of the Affairs of the Authority

Read on from Part II

Part III

Director-General and The staff of the Authority

Read on from Part III

Part IV

Moneylenders

Read on from Part IV

Part V

Microfinance Business

Read on from Part V

Part VI

Regulation of Moneylenders and microfinance institutions

Read on from Part VI

Part VII

Examination of A Licencee

Read on from Part VII

Part VIII

Customer Protection

Read on from Part VIII

Part IX

Investigation of Offences

Read on from Part IX

Part X

Offences and Penalties

Read on from Part X

Part XI

Finance

Read on from Part XI

Part XII

General

Read on from Part XII

Part XIII

Transitional Provisions

Read on from Part XIII

Schedules