Sri Lanka Consolidated Acts

[Index] [Table] [Database Search] [Name Search] [Previous] [Next] [Help]

National Development Bank Of Sri Lanka (Amendment) Act (No. 34 of 1999) - Sect 2

Amendment of section 6 of Act No. 2 of 1979

2. Section 6 of the National Development Bank of Sri Lanka Act, No. 2 of 1979 (hereinafter referred to as "the principal enactment") is hereby amended by the insertion, immediately after paragraph (b) of that section, of the following paragraph :
''(bb) to grant loans and advances to any individual-
(i) for the purchase or lease of any land for the construction of a dwelling house ;
(ii) for the construction, repair, renovation or extension of a dwelling house ;
(iii) for the purchase or lease of a dwelling house ;
(iv) for any purpose incidental, accessory or ancillary to any of the purposes mentioned in sub-paragraph (i), (ii) or (iii); or
(v) for the liquidating of any debt already incurred for any purpose mentioned in sub-paragraph (i), (ii). (iii) or (iv).".


[Index] [Table] [Database Search] [Name Search] [Previous] [Next] [Help]