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srilawsby aturio
As enacted
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Part II · Establishment of the Secured Transactions Registration Authority

6. Establishment of the Secured T r a n s a c t i o n s R e g i s t r a t i o n Authority

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

(1)

There shall be established an authority called the

Secured Transactions Registration Authority (in this Act referred to as the “Authority”).

(2)

The Authority shall, by the name assigned to it by subsection (1), be a body corporate and shall have perpetual succession and a common seal and may sue and be sued in its corporate name.

Read on from s 7

Part III

Creation of Security Rights and Rights of Parties

Read on from Part III

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