Sri Lanka Consolidated Acts

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Banking (Amendment) Act (No. 15 of 2006) - Sect 7

Retrospective effect

7. Any determination, decision or direction made or issued at any time prior to the coming into operation of this Act, under section 19 or section 76G of the principal enactment shall be deemed for all purposes to have been validly made or issued in terms of sections 19 or 76G respectively of the principal enactment as amended by this Act, and any action taken under any such determination, decision or direction shall accordingly be deemed to be valid.


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