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As enacted
Contents

Part XII · Information Exchange with Financial Sector Authorities

77. Agreement

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

(1)

For the implementation of the provisions of this

Part of this Act, the Central Bank shall, as soon as practicable, enter into an agreement with each financial sector authority, for determining the procedure for such implementation and specifying their respective roles and duties.

(2)

The agreement shall, as a minimum, include provisions on-

(a)

collection and sharing of information; and

(b)

notification and consultation on macroprudential policy measures to be taken by financial sector authorities.

(3)

The Central Bank may, for the implementation of the provisions of this Part of this Act, enter into an agreement with any public authority.

(4)

The agreement entered into under subsection (1) may be reviewed and updated as appropriate, at least once in every three years.

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