20. Registration of notice &c,

The Credit Information Bureau of Sri Lanka shall cause the registration of any notice, an amendment, continuation statement or termination statement.

The registration with the Credit Information Bureau of Sri Lanka shall provide the final and conclusive evidence regarding availability or non-availability of a mortgage in respect of a collateral.

Where the Credit Information Bureau of Sri Lanka refuses to register any notice, amendment, continuation statement or termination statement, it shall communicate the reasons in writing to the person who applies for such registration.

A notice authorized by one secured party on the notice and filed of record shall not affect the rights of another party.

Any person who notifies that the notice filed of record contains erroneous information, he shall file a document rectifying such error forthwith.