3. Section 31 of the principal enactment is hereby amended in subsection (1) of that section as follows :-
| (a) by the substitution, in sub-paragraphs (i) and (ii) of paragraph (a) of that subsection, for the words "any agricultural or industrial purpose;", occurring in each of those sub-paragraphs, of the words " any housing, agricultural or industrial purpose;"; |
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| (b) by the substitution, in paragraphs (c) and (d) of that subsection, for the words "agriculture or industry ;" occurring in each of those paragraphs, of the words " housing, agriculture or industry ; " ; |
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| (c) by the substitution, in paragraphs (e) and (f) of that subsection, for the words " agricultural or industrial undertaking", occurring in each of those para graphs, of the words "housing, agricultural or industrial undertaking " ; |
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| (d) by the substitution for paragraph (g) of that sub- section, of the following paragraph:
| | " (g) to buy, sell, invest or deal in stocks, shares, debentures, mortgages, bonds or securities issued or guaranteed by the Government, the Central Bank or any other bank or institution as may be approved by the Minister ;" ; | | |
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| (e) by the substitution, in paragraph (o) of that sub- section, for the words " term deposits", of the words " term deposits, savings deposits, contract deposits and loan-linked savings deposits " ; |
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| (f) by the substitution, in paragraph (p) of that section, for the words " agriculture or industry ;", of the words " housing, agriculture or industry ; " ; and |
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| (g) by the addition, immediately after paragraph (aa) of that subsection, of the following paragraph:
| | " (bb) to refinance loans granted by any bank or other institution as may be approved by the Minister.". | | |
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Sri Lanka Consolidated Acts