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srilawsby aturio
As enacted
EnglishSinhala සිංහල, official PDF on documents.gov.lkTamil தமிழ், official PDF on documents.gov.lk
Contents

Part XIV · Relationship with the Parliament, the Government and the Public

81. Financial advisor, fiscal agent of, and banker to, the Government

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

(1)

The Central Bank shall act as the financial advisor to the Government.

(2)

The Central Bank may, on such terms and conditions as it shall agree with the Government, act as fiscal agent of the Government to the extent provided for by or under any written law and banker to the Government.

(3)

In the discharge of its functions as the fiscal agent of, and banker to the Government, the Central Bank may engage the services of banks or other institutions in places, whether in or outside Sri Lanka, where the Central Bank does not have offices or agencies adequately equipped to perform such functions.

(4)

The Central Bank shall, on request of the Government, provide the Government with data on funds received by the

Central Bank, acting as the fiscal agent of the Government.

(5)

The Government shall, on request of the Central Bank, provide the Central Bank with such information and documents as the Central Bank may request for the purpose of coordinating the functions of the Central Bank with the fiscal policy of the Government.

(6)

The Central Bank may represent the Government of

Sri Lanka in any dealing, negotiation, or transaction with the International Monetary Fund, the International Bank for

Reconstruction and Development or any other international financial institution of which Sri Lanka is a member, and shall maintain such accounts as may result from Sri Lanka’s membership in, or operations with, such International

Monetary Fund, International Bank for Reconstruction and

Development or such other international financial institution. The Central Bank may be authorized by the

Government to represent it in any dealing, negotiation, or transaction with foreign Governments, institutions, or agencies.

(7)

The Central Bank may operate a registry for securities issued by the Government.

Read on from s 82

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