Section No :

Legislative Enactments CREDIT INFORMATION BUREAU OF SRI LANKA Marginal Notes 1. This Act may be cited as the Credit Information Bureau of Sri Lanka Art, No 18 of 1990, and shall come into operation on such date as the Minister may appoint by Order published in the Gazette. 2. Establishment of the credit Information Bureau of Sri Lanka. 3. Bureau to be a body corporate. 4. Head Office, branch offices, and agents of the Bureau. [3, 42 of 2008] 5. Board of Directors. [4, 42 of 2008] 6. Functions of the Bureau. [ 3,8 of 1995] [5, 42 of 2008] 7. Powers and duties of the Bureau. [ 4,8 of 1995] [6, 42 of 2008] 7A. Persons or body of persons in respect of whom credit and financial information can be collected. [7, 42 of 2008] 7B. Persons to whom the Bureau may give information on request. [7, 42 of 2008] 8. Agents. 9. Capital of Bureau. 10. Shares in Bureau. [5,8 of 1995] [8, 42 of 2008] 11. Liability of share holders. 12. Borrowings by the Board. [ 6,8 of 1995] [9, 42 of 2008] 13. Departments of Bureau. 14. Fund of Bureau. 15. Investment of money of the Bureau. 16. Reserves. 16A. Board to declare dividends.[ 7,8 of 1995] 17. Financial Year of the Bureau. 18. Audit. [ 8,8 of 1995] 19. Documents to be transmitted to the Minister. [ 9,8 of 1995] 19A. Annual General Meeting of the Board. [10, 42 of 2008] 20. Delegation of powers and duties and functions of the board. 21. Bureau to call for information. [10,8 of 1995] [11, 42 of 2008] 22. Duty not to disclose information. [11, 42 of 2008] 23. Declaration of Secrecy. [12, 42 of 2008] 24. Protection for action taken under this Act or on the direction of the Board. 25. No writ to issue against person or property of a Director of the Bureau. 25A. Protection for action taken under this Act by any lending institution.[ 11,8 of 1995] 26. Powers of Board to make rules. 26A. Bureau to suspend furnishing of credit information. [13, 42 of 2008] 26B. Financial Ombudsman to hear and determine disputes. [13, 42 of 2008] 26C. Regulations. [13, 42 of 2008] 27. Offences and penalties. [ 12,8 of 1995] [14, 42 of 2008] 28. Sinhala text to prevail in case of inconsistency. 29. Interpretation.[ 13,8 of 1995] [15, 42 of 2008]