1. Short title
கருத்துகள் மற்றும் உதவிஅதிகாரப்பூர்வ ஆங்கில மொழிபெயர்ப்பு. சிங்கள அல்லது தமிழ் உரையிலிருந்து வேறுபடும் இடங்களில் எந்த உரை மேலோங்கும் என்பதைச் சட்டமே குறிப்பிடுகிறது.
This Act may be cited as the Trust Receipts (Amend-ment) Act, No. 13 of 1990.
Amendment of section 2 of Chapter 86.
2 Section 2 of the Trust Receipts Ordinance (herein-after referred to as the “principal enactment”) is hereby amended in snbsection (2) of that section, as follows :—
by the substitution in paragraph (v) of that sub-section, for the words “as may be in the premi-ses.”, of the words “as may be in the premises”
; , and
by the addition at the end of that subsection of the following new paragraph :—
“ (vi) an undertaking to insure those goods against all insurable risks to their full in-surable value on a reinstatement basis in the name of the agency and in the case of loss, to pay the insurance moneys to the agency in the same manner as the proceeds of sale.”.
Amendment of section 3 of the principal enactment.
§. Section 3 of the principal enactment is hereby amended in subsection (2) of that section, as follows :—
by the substitution in paragraph (v) of that sub-section, for the words “as may be in the premises.”, of the words “as may be in the psemises ; and”
;
by the addition at the end of that subsection of the following new paragraph
:—
“ (vi) an undertaking to insure those goods until the exportation thereof, against all insurable risks to their full insurable value on a rein-statement basis in the name of the agency and in the case of loss, to pay the insurance moneys to the agency in the same manner as the proceeds of sale.”’.