As enactedVersion · As enacted
12. Debts due by and payable to the institution
Feedback & supportOfficial English translation. Where it differs from the Sinhala or Tamil text, the Act itself says which text prevails.
All debts and liabilities of the Institute existing on the day preceding the date of commencement of this Act shall be paid by the Corporation hereby constituted and all debts
6
Sri Lanka Institute of Credit Management
(Incorporation) Act, No.7
of 2000
due to and subscriptions and contributions payable to the
Institute on that day shall be paid to the Corporation for the purposes of this Act.