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Part VII · Personal Insolvency Register

159. Access to Personal Insolvency Register

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

(1)

A person may only search the Personal Insolvency

Register in accordance with this Act, such procedures as may be prescribed or rules made by the Authority.

(2)

Members of the public may inspect the Personal

Insolvency Register at all reasonable times.

(3)

The Authority may charge a fee to members of the public for inspection of the Personal Insolvency Register.

(4)

The Personal Insolvency Register may be searched by any person, or by any party acting with the consent of that person, for the purpose of searching for information about that person.

(5)

The Personal Insolvency Register may be searched by any person —

(a)

for the purpose of ascertaining whether a Personal

Insolvency Order is in effect in respect of another person, where such ascertainment is necessary in the course of a person’s business for evaluating or ascertaining the credit worthiness or credit standing of another person or in connection with the investigation of title to property of any nature;

(b)

for the purpose of ascertaining whether a Personal

Insolvency Order has been made in respect of a debtor on two or more occasions;

Rescue, Rehabilitation and Insolvency

(c)

for any purpose related to the debtor’s participation in a Personal Insolvency Procedure;

(d)

for the purpose of facilitating the compliance, audit, and other supporting and administrative functions of the Official Receiver, Authority, courts, personal insolvency officials, or any other person under this Act;

(e)

for the purpose of facilitating the enforcement functions and the exercise of the powers of the

Official Receiver, Authority, courts, or any other person under this Act;

(f)

for the purpose of providing statistical information and information for research purposes in relation to Personal Insolvency Procedures.

(6)

The Personal Insolvency Register may be searched only by reference to the following criteria:-

(a)

the name of the debtor;

(b)

the case number, if any, associated with the

Personal Insolvency Order;

(c)

the name of a court;

(d)

the date of the Personal Insolvency Order;

(e)

any combination of the criteria in paragraphs (a)

to (d); or

(f)

any other criteria as may be prescribed.

Part VIII

Part IX

Part X

Compromises

Part XI

Micro Small Medium Enterprise (MSME) Company Debt Restructuring Arrangements

Part XII

Part XIII

Part XIV

Cross - Border Insolvency

Part XV

Part XVI

Part XVII

Schedules