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As enacted
Contents

Part V · Winding Up of Licensed Bank

94. Protection from action

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

The officers of the Central Bank and the Administrator appointed under section 18, shall not be liable for any damage, or act or omission done pursuant to and in the course of the exercise, performance and discharge of the powers, duties and functions under this Act, unless it has been proved that such damage, act or omission has been done without good faith or has constituted intentional wrongful misconduct or willful default.