Sri Lanka Consolidated Acts

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National Savings Bank Act (No. 30 of 1971) - Sect 60

Power of Bank to inspect valuation rolls of local rating or taxing authority

60. For the purpose of deciding whether any immovable property tendered as security for a loan should or should not be accepted, the Bank shall have access without fee or charge to the valuation roll of any local rating or taxing authority, and the officers of every such authority shall upon application supply to the Bank full particulars as to any valuation of property in respect of which such authority is empowered under the provisions of any law to levy any rate or tax.


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