15. Amendment of section 25F of the principal enactment

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

Section 25F of the principal enactment is hereby amended in paragraph (h) of that section as follows:-

(1)

in sub-paragraph (b) of that paragraph by the substitution for the words “twelve months as at the date of such agreement” of the words “twelve months as at the date of such agreement, or”;

(2)

by the addition immediately after sub-paragraph (b) of that paragraph, the following new sub-paragraph:-

“(c)

of leasing facilities under any finance lease agreement or operating leasing agreement on any asset other than any land or building, if such agreement is entered into on or after

October 25, 2014 and not being an agreement for re-schedule of any agreement entered into prior to October 25, 2014.”.

Read on from s 16