Banking (Amendment) Act 2005 · இயற்றப்பட்டவாறு
40. Amendment of section 86 of the principal enactment
அதிகாரப்பூர்வ ஆங்கில மொழிபெயர்ப்பு. சிங்கள உரை மேலோங்கும். அதிகாரப்பூர்வ Sinhala உரையைத் திறக்கவும், documents.gov.lk-இல் அதிகாரப்பூர்வ PDF
அதிகாரப்பூர்வ மொழிபெயர்ப்புDepartment of Government Printing-இலிருந்து, மாற்றமின்றி
Section 86 of the principal enactment is hereby amended as follows :—
by the repeal of the definition of the expression
“accommodation" and the substitution therefor of the following definition :—
‘“accommodation” means any loan, overdraft or advance or such other facility as may be determined by the Monetary Board or any commitment to grant any loan, overdraft or advance or such other facility as may be determined by the Monetary Board, including a commitment to accept a contingent liability;’;
in the definition of the expression “capital funds”
by the repeal of paragraph (b) thereof, and the substitution therefor of the following :—
“(b)
in the case of a licensed specialised bank, the equity capital and the reserve fund maintained pursuant to directions under subsection (1) of section 76J and includes reserves other than funds reserved for specified purposes;”;
by the repeal of the definition of the expression
“company ” and the substitution therefor of the following definition :—
‘“company” means a company formed and registered under the Companies Act, No. 17
of 1982 and any other body incorporated within or outside Sri Lanka;’;
by the insertion immediately after the definition of the expression "Director of Bank Supervision" of the following definition :—
‘ “deposit” includes a sum of money accepted from any person as a business on terms under which it will be repaid with or without interest or a premium, and either on demand or at a future time or in circumstances agreed to by or on behalf of the person making the payment and the person accepting it, provided that the persons accepting the money is a person who in the usual course of business, lends money or makes available the use or the benefit of the money so accepted to third parties and, also includes any sum of money accepted as provided in paragraph (y) of Schedule II and paragraph (nn) of Schedule IV;’;
by the repeal of the definition of the expression
“substantial interest” and substitution therefor of the following definition:—
‘“substantial interest” means—
in relation to a company, the holding of a beneficial interest by another company or an individual or his close relation, whether singly or taken together, in the shares thereof, the paid up value of which exceeds ten per centum of the paid up capital of the company or the existence of a guarantee or indemnity for a sum not less than ten per cent of the paid up capital given by an individual or his close relation or by another company on behalf of such company;
in relation to a firm, the beneficial interest held therein by an individual or his close relation, whether singly or taken together, which represents more than ten per centum of the total capital subscribed by all partners of the firm or the existence of a guarantee or indemnity for a sum not less than ten per centum of that capital given by an individual or the spouse, parent or child of the individual on behalf of such firm.”.