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As enacted

9. Protection for acts done in good faith

Official English translation. Where it differs from the Sinhala or Tamil text, the Act itself says which text prevails.

(1)

No member of the Monetary Board or officer or servant of the Central Bank of Sri Lanka shall be liable for any damage or loss suffered by the Central Bank of Sri Lanka unless such damage or loss was caused by his misconduct or willful default.

(2)

Every member of the Monetary Board and every officer or servant of the Central Bank of Sri Lanka shall be indemnified by the Central Bank of Sri Lanka from all losses and expenses incurred by him in or about the discharge of his duties, other than such losses and expenses as the

Monetary Board may deem to have been occasioned by his misconduct or willful default.