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As enacted

Part II · Secured Transactions

8. Duties of the Filing Office

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

(1)

Each notice filed of record, shall be entered in the

Register maintained in terms of section 7 by the Credit

Information Bureau of Sri Lanka, and shall be—

(i)

assigned a unique file number, in all instances where it is an initial notice;

(ii)

assigned a number to every notice (not being the initial notice);

(iii)

used to create a record that bears the number assigned to the filed record and the date and time of filing; and

(iv)

open for inspection by the public.

(2)

The Register shall contain an index of every initial notice by the name of the debtor and shall index all filed records relating to an initial notice in a manner that associates the initial notice.

(3)

The Register shall be maintained in such a manner so as to be able to retrieve a record by the name of the debtor and by the file number assigned to the initial notice to which the record relates and other related records.

(4)

The Register shall contain records of lapsed notices for a period of ten years beyond the date on which it has so lapsed.

(5)

The acceptance or refusal to register a notice shall not affect the accuracy, authenticity or validity of any information contained in the notice.

Part III

Amendment, Continuation and Termination of the Notice

Part IV

Miscellaneous