Sri Lanka Ports Authority (Amendment)



Sri Lanka Ports Authority (Amendment)
AN ACT TO AMEND THE SRI LANKA PORTS AUTHORITY ACT, No. 51 OF 1979

BE it enacted by the Parliament of the Democratic Socialist Republic of Sri Lanka as follows:

[23rd August
, 1984
]
Short title.

1. This Act may be cited as the Sri Lanka Ports Authority (Amendment) Act, No. 35 of 1984.

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; “.