Sri Lanka Consolidated Acts

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State Mortgage And Investment Bank Law (No. 13 of 1975) - Sect 86

Interpretation

86. In this Law, unless the context otherwise requires- " agriculture" includes the raising of crops, medicinal plants and herbs, horticulture, sericulture, bee-keeping, forestry, animal husbandry, poultry farming, dairy farming (including livestock rearing and breeding and growing pasture and fodder and marketing of produce); "Central Bank " means the Central Bank of Ceylon established under the Monetary Law Act: " director " and " General Manager ' means the persons appointed to such offices under this Law; "enterprise" means any body of persons whether corporate or unincorporate, by whatsoever name or designation called, and includes a corporation sole or a sole proprietorship; " industry" includes fishing, gemming, tourism, transport and the manufacture or preparation of any produce or commodity for sale in the market; "loan" means a loan of money and includes any overdraft or any other monetary accomodation- by whatsoever name or designation called, but does not include any salary advance to the staff of the bank; "prescribed" means prescribed by rules made under this Law.


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