Sri Lanka Consolidated Acts

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Credit Information Bureau of Sri Lanka (Amendment) Act (No. 8 of 1995) - Sect 11

Insertion of new section 25A of the principal enactment

11. The following section is hereby inserted immediately after section 25 and shall have effect as section 25 A section the principal enactment: in the '
" 25A. Notwithstanding anything in any other law ,no lending institution on shall liable or subject to any action or proceed-by court, in respect of any loss or damage suffered or incurred, or alleged to have bean suffered or incurred, by any person, by reason or any act or thing done, or omitted to be done, bona fide, by such lending institution, for the purposes of performing or discharging any duty or function imposed on, or assigned to, such lending institution by this Act or on the faith of any information furnished to such lending institution by the Bureau. ".


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