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srilawsby aturio
As enacted
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Part VII · Personal Insolvency Register

161. Personal Insolvencey Register and Credit Information Bureau

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

(1)

Subject to the provisions of the Credit Information

Bureau Act, No.18 of 1990 and any other written law, information relating to a debtor in the Personal Insolvency

Register may be entered in the records of the Credit

Information Bureau.

(2)

The form and manner in which the information in the

Personal Insolvency Register may be entered in the records of the Credit Information Bureau shall be prescribed.

(3)

On the removal of all information relating to the debtor from the Register on the discharge of the debtor from a personal insolvency procedure under section 158, any information relating to the debtor’s personal insolvency entered in the records of the Credit Information Bureau shall be removed from the Bureau –

(a)

within a period of six months after the date of the discharge of the debtor; or

(b)

such other period as may be prescribed.

Part VIII

Read on from Part VIII

Part IX

Read on from Part IX

Part X

Compromises

Read on from Part X

Part XI

Micro Small Medium Enterprise (MSME) Company Debt Restructuring Arrangements

Read on from Part XI

Part XII

Read on from Part XII

Part XIII

Read on from Part XIII

Part XIV

Cross - Border Insolvency

Read on from Part XIV

Part XV

Read on from Part XV

Part XVI

Read on from Part XVI

Part XVII

Read on from Part XVII

Schedules