As enacted

Contents

Central Bank of Sri Lanka Act 2023 · As enacted · Part V · Monetary and Other Operations

29. Opening of accounts

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

(1)

In the carrying out of its operations, the Central

Bank may open and maintain cash, precious metals and securities accounts on its books for –

(a)

financial institutions, foreign banks, and government entities;

(b)

central banks, international organizations including public international financial institutions, foreign governments, and donor organizations.

(2)

The Central Bank may prescribe by rules the conditions for opening accounts on its books.

(3)

The Central Bank may open and maintain cash, precious metals and securities accounts on the books of –

(a)

financial institutions which are subject to the regulation and supervision of the Central Bank;

(b)

central banks, depositories, foreign banks and international organizations including public international financial institutions.

Read on from s 30

Part VI

Foreign Exchange Operations and International Reserves

Read on from Part VI

Part VII

Currency and Legal Tender

Read on from Part VII

Part VIII

Payment and Settlement Systems

Read on from Part VIII

Part IX

Supervision and Resolution of Financial Institutions

Read on from Part IX

Part X

Macroprudential Authority

Read on from Part X

Part XI

Financial System Oversight Committee

Read on from Part XI

Part XII

Information Exchange with Financial Sector Authorities

Read on from Part XII

Part XIII

Statistics and Information

Read on from Part XIII

Part XIV

Relationship with the Parliament, the Government and the Public

Read on from Part XIV

Part XV

Credit Operations

Read on from Part XV

Part XVI

Financial Provisions

Read on from Part XVI

Part XVII

Internal and External Audits

Read on from Part XVII

Part XVIII

General Provisions

Read on from Part XVIII

Part XIX

Repeals and Savings

Read on from Part XIX