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 Date: 2016-12-09   Answered 

1001/2016: AGRARIAN BANK: REGISTRATION

1001/’16

Hon. Udaya Prabhath Gammanpila,— To ask the Minister of Agriculture,—

(a) Will he admit that—

(i) a bank by the name of Agrarian Bank is functioning under the Department of Agrarian Development;

(ii) the said bank has not been registered under the Bank Act, No. 30 of 1988 or Financial Business Act, No. 42 of 2011; and

(iii) it is illegal to accept deposits from people without being registered?

(b) Will he inform this House—

(i) of the reasons for not registering the Agrarian Bank; and

(ii) whether actions will be taken to register or abolish that bank?

(c) If not, why?

 

Asked Date

2016-12-09

Asked by

Hon. Udaya Gammanpila, M.P.

Ministry

Agriculture

Legislature

Eighth Parliament of the D.S.R. of Sri Lanka

Session

First Session

Question History

Answer

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Answered Date

2017-02-21

Answered by

Hon. Wasantha Aluwihare, M.P.





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