Sri Lanka Consolidated Acts

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Sri Lanka Ports Authority (Amendment) Act (No. 35 of 1984) - Sect 2

Amendment of section 7 of Act No. 51 of 1979

2. Section 7 of the Sri Lanka Ports Authority Act, No. 51 of 1979, as amended by Act No. 7 of 1984, is hereby further amended in subsection (1) of that section, by the insertion immediately after paragraph (t) thereof, of the following new paragraph :
" (tt) to guarantee, with the consent of the Minister given with the concurrence of the Minister in charge of the subject of Finance, the repayment of any loan given by any person, firm, corporate body, organization or institution within or outside Sri Lanka, to any person, firm, corporate body, organization or institution in which the Ports Authority has an interest, or the performance of the obligations of any person, firm, corporate body, organization or institution in which the Ports Authority has an interest; ".


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