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srilawsby aturio
As enacted
Contents

Part XII · General

71. Obligations of media institutions

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

(1)

Subject to subsection (3) of section 20, it shall be the duty of any media institution to verify from any person who offers to lend money, whether he is licensed under this

Act, before publishing an advertisement or any business promotional publication relating to such activity.

(2)

The Director-General may send a notice to any media institution requiring such institution to refrain from publishing advertisements on offering moneylending business or microfinance business by a person not licensed under this Act or not exempted under subsection (3) of section 20 of this Act.

Read on from s 72

Part XIII

Transitional Provisions

Read on from Part XIII

Schedules