Central Bank of Sri Lanka Act 2023 · As enacted · Part I · Establishment of the Central Bank
6. Objects of the Central Bank
Official English translation. Where it differs from the Sinhala or Tamil text, the Act itself says which text prevails.
Official translationFrom Department of Government Printing, unchanged
The primary object of the Central Bank shall be to achieve and maintain domestic price stability.
The other object of the Central Bank shall be to secure the financial system stability.
Without prejudice to the attainment of its objects and subject to the provisions of this Act, the Central Bank shall support the general economic policy framework of the
Government as provided for in any law.
In pursuing the primary object referred to in subsection (1), the Central Bank shall take into account, inter alia, the stabilization of output towards its potential level.
In pursuing the object referred to in subsection (2), the Central Bank shall take into account, inter alia, the development and efficiency of the financial system.
Part II
Governing Board, Monetary Policy Board, Governor and Deputy Governors
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