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srilawsby aturio
As enacted
Contents

Part VII · Currency and Legal Tender

48. Issue of commemorative currency notes or coins

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

(1)

The Central Bank may, with the approval of the

Minister and subject to section 49, issue commemorative currency notes or coins.

(2)

Any commemorative currency notes or coins issued under subsection (1) may be sold at a price higher than the denomination specified in such notes or coins and as may be determined by the Minister.

(3)

The sale of commemorative currency notes or coins issued under subsection (1) at a price higher than the denomination specified in such currency notes or coins shall be deemed not to be a contravention of section 55 or 56.

(4)

Numismatic items prepared from currency notes or coins other than commemorative currency notes or coins may be sold at a price higher than the denomination specified in such notes or coins with the approval of the

Governing Board, and the sale of such items at a price higher than the denomination specified in such currency notes or coins shall be deemed not to be a contravention of section 55 or 56.

Read on from s 49

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