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Contents

Part II · Resolution Measures

37. Central Bank and the Ministry to exchange information

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

(1)

Notwithstanding anything contained in this Act or any other written law for the time being in force, the

Central Bank and the Ministry of Finance shall exchange information in respect of planning, preparation and implementation of resolution measures related to any licensed bank which requires funding by the Government under this Act.

(2)

The Minister, Secretary, Director General, any director, officer or any other person engaged or employed in the functions or affairs of the Ministry of the Minister shall maintain strict confidentiality in respect of all information exchanged under subsection (1) and shall not reveal any such information except-

(a)

as required by a court of law;

(b)

in the performance of their duties under this Act; or

(c)

in order to comply with any of the provisions of this Act or any other written law.

Read on from s 38

Part III

Sri Lanka Deposit Insurance Scheme

Read on from Part III

Part IV

Financial Sector Crisis Management Committee

Read on from Part IV

Part V

Winding Up of Licensed Bank

Read on from Part V

Schedules