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As enacted
Contents

1. Short title and date of operation

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

(1)

This Act may be cited as the Secured Transactions

Act, No. 17 of 2024.

(2)

The provisions of this Act, other than the provisions of this section, shall come into operation on such date as the

Minister may appoint by Order published in the Gazette (in this Act referred to as the “appointed date”).

(3)

The provisions of this section shall come into operation on the date on which the Bill becomes an Act of Parliament.

Part I

Preliminary

Part II

Establishment of the Secured Transactions Registration Authority

Part III

Creation of Security Rights and Rights of Parties

Part IV

Perfection

Part V

Priorities

Part VI

Registration

Part VII

General Provisions

Part VIII

Repeals and Savings

Part IX

Interpretation