Category: Legal
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How Sri Lanka Banking Act Section 83C Puts Plantation “Investment” Schemes Under Legal Spotlight?
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Recent warnings by the Governor of the Central Bank of Sri Lanka have drawn sharp attention to a little-discussed but powerful legal provision now central to ongoing investigations into plantation and crop-cultivation “investment” schemes operating across the country: Section 83C of the Banking Act. This section of law does not focus on whether land exists, crops are
