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srilawsby aturio
As enacted
Contents

Part I · Application of the Law

6. More than one obligation may be secured by the same collateral

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

Any interest in a collateral offered by a debtor to secure an obligation, may be utilized to secure more than one obligation.

Part II

Secured Transactions

Read on from Part II

Part III

Amendment, Continuation and Termination of the Notice

Read on from Part III

Part IV

Miscellaneous

Read on from Part IV