Sri Lanka Consolidated Acts

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Ceylon State Mortgage Bank and Finance (Amendment) Act (No. 33 of 1968) - Sect 22

Amendment of section 58 of the principal enactment

22. Section 58 of the principal enactment is hereby amended as follows: -
(1) by the repeal of sub-section (1) of that section, and the substitution therefor of the following new sub-section: -
" (1) Repayment of loans shall be made-
(a) half-yearly, quarterly or monthly by instalments or equated payments; or
(b) in accordance with such terms as may be determined by the board."; and
(2) by the substitution, for the marginal note to that section, of the following new marginal note: -


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