SRI LANKA INSTITUTE OF CREDIT MANAGEMENT (INCORPORATION) ACT

Arrangement of Sections

1. Short title.

2. Incorporation of the Sri Lanka Institute of Credit Management.

3. General objects of the Corporation.

4. Powers of the Corporation.

5. Management of the affairs of the Corporation.

6. Rules of the Corporation.

7. Membership of the Corporation.

8. Officers and servants of the Corporation.

9. Accounts of the Corporation.

10. Eligibility to use titles.

11. Seal of the Corporation.

12. Debts due by and payable to the Institution.

13. Audit and accounts.

14. Savings of the rights of the Republic.

15. Indemnity for acts done in good faith.

16. Sinhala text to prevail in case of inconsistency.

7 of 2000.

AN ACT to incorporate the Sri Lanka Institute of Credit Management.

[Date of Commencement: 27th March, 2000]

1. Short title.

This Act may be cited as the Sri Lanka Institute of Credit Management (Incorporation) Act.

2. Incorporation of the Sri Lanka Institute of Credit Management.

From and after the date of commencement of this Act, all persons who are now Fellows and Associates of the Sri Lanka Institute of Credit Management (hereinafter referred to as the "Institute”) and such other persons as shall hereafter be admitted as members of the Corporation shall be and become a body corporate with perpetual succession under the name and style of "The Sri Lanka Institute of Credit Management” (hereinafter referred to as "the Corporation”) and by that name may sue and be sued in all courts with full power and authority to have, and to use, a common seal and alter the same at its discretion.

3. General objects of the Corporation.

The General objects for which the Corporation is constituted are hereby declared to be—

(a) to promote and advance the study and practice of Credit Management;

(b) to organise, supervise, and control the admission to membership of the Corporation and to undertake and regulate the professional education and training of persons desiring to study for qualify in Credit Management, to prescribe and approve courses for study for qualifying examinations for membership of the Corporation to conduct or provide for the conducting of such courses and examinations and to collaborate with recognised educational institutions for the furtherance of education in the field of Credit Management;

(c) to seek recognition from and affiliate with appropriate Institutions;

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OFFICE ON MISSING PERSONS (ESTABLISHMENT, ADMINISTRATION AND DISCHARGE OF FUNCTIONS) (AMENDMENT) ACT, NO. 9 OF 2017


IMMIGRANTS AND EMIGRANTS (AMENDMENT) ACT, No. 7 OF 2015


NATIONAL TRANSPORT COMMISSION (AMENDMENT) ACT, NO. 6 OF 2017


ECONOMIC SERVICE CHARGE (AMENDMENT) ACT, NO. 7 OF 2017


CIVIL PROCEDURE CODE (AMENDMENT) ACT, NO. 8 OF 2017


OFFICE ON MISSING PERSONS (ESTABLISHMENT, ADMINISTRATION AND DISCHARGE OF FUNCTIONS) (AMENDMENT) ACT, NO. 9 OF 2017


IMMIGRANTS AND EMIGRANTS (AMENDMENT) ACT, No. 7 OF 2015


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ECONOMIC SERVICE CHARGE (AMENDMENT) ACT, NO. 7 OF 2017


CIVIL PROCEDURE CODE (AMENDMENT) ACT, NO. 8 OF 2017


OFFICE ON MISSING PERSONS (ESTABLISHMENT, ADMINISTRATION AND DISCHARGE OF FUNCTIONS) (AMENDMENT) ACT, NO. 9 OF 2017


IMMIGRANTS AND EMIGRANTS (AMENDMENT) ACT, No. 7 OF 2015


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ECONOMIC SERVICE CHARGE (AMENDMENT) ACT, NO. 7 OF 2017


CIVIL PROCEDURE CODE (AMENDMENT) ACT, NO. 8 OF 2017


OFFICE ON MISSING PERSONS (ESTABLISHMENT, ADMINISTRATION AND DISCHARGE OF FUNCTIONS) (AMENDMENT) ACT, NO. 9 OF 2017


IMMIGRANTS AND EMIGRANTS (AMENDMENT) ACT, No. 7 OF 2015


NATIONAL TRANSPORT COMMISSION (AMENDMENT) ACT, NO. 6 OF 2017


ECONOMIC SERVICE CHARGE (AMENDMENT) ACT, NO. 7 OF 2017


CIVIL PROCEDURE CODE (AMENDMENT) ACT, NO. 8 OF 2017


OFFICE ON MISSING PERSONS (ESTABLISHMENT, ADMINISTRATION AND DISCHARGE OF FUNCTIONS) (AMENDMENT) ACT, NO. 9 OF 2017


IMMIGRANTS AND EMIGRANTS (AMENDMENT) ACT, No. 7 OF 2015


NATIONAL TRANSPORT COMMISSION (AMENDMENT) ACT, NO. 6 OF 2017


ECONOMIC SERVICE CHARGE (AMENDMENT) ACT, NO. 7 OF 2017


CIVIL PROCEDURE CODE (AMENDMENT) ACT, NO. 8 OF 2017


OFFICE ON MISSING PERSONS (ESTABLISHMENT, ADMINISTRATION AND DISCHARGE OF FUNCTIONS) (AMENDMENT) ACT, NO. 9 OF 2017


IMMIGRANTS AND EMIGRANTS (AMENDMENT) ACT, No. 7 OF 2015


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ECONOMIC SERVICE CHARGE (AMENDMENT) ACT, NO. 7 OF 2017


CIVIL PROCEDURE CODE (AMENDMENT) ACT, NO. 8 OF 2017


OFFICE ON MISSING PERSONS (ESTABLISHMENT, ADMINISTRATION AND DISCHARGE OF FUNCTIONS) (AMENDMENT) ACT, NO. 9 OF 2017


IMMIGRANTS AND EMIGRANTS (AMENDMENT) ACT, No. 7 OF 2015