Skip to content
As enacted
Contents

23. Expenses in suit or prosecution to be paid out of the Consolidated Fund

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

(1)

Any expenses incurred by the Central Bank in any suit or prosecution brought by or against it before any court, shall be paid out of the Consolidated Fund and any costs paid to or recovered by the Central Bank in any such suit or prosecution shall be credited to the Consolidated

Fund.

(2)

Expenses incurred by the employees of the Central

Bank in any suit or prosecution brought against such person before any court or tribunal in respect of any act which is done or purported to be done by such person under this Act or any other written law or on the direction of Central Bank shall, if that act was done in good faith, be paid out of the

Consolidated Fund, unless such expenses are recoverable by such person in any suit or proceedings.