As enacted

Contents

Central Bank of Sri Lanka Act 2023 · As enacted · Part XIV · Relationship with the Parliament, the Government and the Public

82. Depository for 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 be the official depository, and may accept deposits in any currency from, or on behalf of the Government:

Provided however, the Central Bank may authorize one or more licensed commercial banks operating in Sri Lanka to accept Government deposits, subject to such rules as the

Governing Board may prescribe.

(2)

As the depository, the Central Bank shall receive and disburse moneys, keep records thereof, and provide other financial services related thereto to the Government.

(3)

The Central Bank shall not pay any interest on any deposit held by the Government in Sri Lankan rupees.

Read on from s 83

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