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Contents

Part II · Governing Board, Monetary Policy Board, Governor and Deputy Governors

21. Remuneration

Official English translation. The Sinhala text prevails. Open the official Sinhala text, official PDF on documents.gov.lk

(1)

Notwithstanding anything to the contrary in any other written law, the remuneration of the Governor of the

Central Bank and the allowances payable to the appointed members shall be determined by the Parliament.

(2)

The amount of remuneration and allowances determined under subsection (1) shall be specified in the letter of appointment issued to such Governor and appointed members, and such remuneration shall not be reduced during the terms of office of such Governor and appointed members.

(3)

No remuneration or allowance shall be based on the profits of the Central Bank or any of its revenues.

Part III

Employees of the Central Bank

Part IV

Inflation Target

Part V

Monetary and Other Operations

Part VI

Foreign Exchange Operations and International Reserves

Part VII

Currency and Legal Tender

Part VIII

Payment and Settlement Systems

Part IX

Supervision and Resolution of Financial Institutions

Part X

Macroprudential Authority

Part XI

Financial System Oversight Committee

Part XII

Information Exchange with Financial Sector Authorities

Part XIII

Statistics and Information

Part XIV

Relationship with the Parliament, the Government and the Public

Part XV

Credit Operations

Part XVI

Financial Provisions

Part XVII

Internal and External Audits

Part XVIII

General Provisions

Part XIX

Repeals and Savings