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srilawsby aturio
As enacted
Contents

Part III · Creation of Security Rights and Rights of Parties

22. Future advances

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

A security agreement may contain a provision to secure future advances, provided that a maximum amount of money that may be so advanced is specified in the security agreement.

Read on from s 23

Part IV

Perfection

Read on from Part IV

Part V

Priorities

Read on from Part V

Part VI

Registration

Read on from Part VI

Part VII

General Provisions

Read on from Part VII

Part VIII

Repeals and Savings

Read on from Part VIII

Part IX

Interpretation

Read on from Part IX