View All - 1983 Acts Section No : Acts & Ordinances STUDENTS (HIGHER EDUCATION) LOANSMarginal Notes1. This Act may be cited as the Students (Higher Education) Loans Act, No. 50 of 1983.2. Grant of loans3. Preparation of list of student eligible for loans. 4. To whom appropriate specified bank may grant loans and the terms of such loans. 5. Interest chargeable from students. 6. Refusal or suspension of loan. 7. Recovery of loans and interest by an appropriate specified bank.8. Duties of recipients of loons. 9. Duties of an employer of any recipient of a loan under this Act. 10. Implied consent for the recovery of outstanding debts. 11. Recovery of money from minor. 12. Loans from guarantor.13. Specified bank to fee deemed to ho principal creditor. 14. Restriction on Recipient of loan leaving Sri Lanka.15. Recipient or guarantor of a loan not to plead the benefits of certain enactments.16. Establishment of the students (Higher Education) Loan Fund. 17. Irrecoverable loans. 18. Sums to be paid into the Fund. 19. Payments out of the fund 20. Officers, employees, & c deemed to be public servants. 21. Offences and penalties. 22. Repeal and savings. 23. Recovery of loans granted under Act No 4 of 1972.24. Interpretation.