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Contents

Part I

20. Insurance

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

(1)

An Insolvency Practitioner shall maintain an appropriate insurance policy against the liability that the

Insolvency Practitioner may incur in the course of exercising, performing and discharging its powers, functions and duties under this Act.

(2)

The Authority may, from time to time, issue guidelines relating to the requirements of an appropriate insurance policy for the purposes of subsection (1).

(3)

An Insolvency Practitioner who fails to comply with subsection (1) commits an offence.

Part II

Personal Insolvency: Principles

Part III

Debt Protection Moratorium Order

Part IV

Debt Restructuring Arrangements

Part V

Debt Rehabilitation Orders

Part VI

Part VII

Personal Insolvency Register

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