නිල පරිවර්තනයවෙනස් නොකළ පාඨය, Department of Government Printing වෙතින්
(1)
A non-governmental organization registered under the Voluntary Social Service Organizations
(Registration and Supervision) Act, No.31 of 1980 is eligible to apply for a certificate of registration as a microfinance non-governmental organization (hereinafter referred to as the “microfinance NGO”).
(2)
Every application for a certificate of registration as a microfinance NGO shall be made to the Registrar of
Voluntary Social Service Organizations (in this Part referred to as the “Registrar”) in such form and in compliance with the requirements for such registration, together with such information, as may be specified by the Registrar from time to time by rules made in that behalf.
(3)
The Registrar may, on receipt of such application, make such enquiries and call for such further information and documents as he considers necessary and if he is satisfied that-
(i)
the applicant has complied with the criteria for registration as may be laid down by the Registrar from time to time by rules made in that behalf; and
(ii)
registration of the applicant would not be detrimental to the interests of its creditors and other stakeholders,shall issue a certificate of registration as a microfinance NGO, subject to such terms and conditions as the Registrar may think fit or where he is not so satisfied, reject the application and issue such directions as he may deem necessary.