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srilawsby aturio
As enacted
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5. Foreign exchange or foreign assets held or owned by a person in or resident in Sri Lanka

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

Any person in, or resident in, Sri Lanka who –

(a)

holds foreign exchange in a bank account in Sri

Lanka or outside Sri Lanka; or

(b)

owns any foreign asset, may utilize such foreign exchange or foreign asset for making of any payment for, or in respect of, any current or capital transaction of such person, within or outside Sri Lanka. Any such payment made from foreign exchange held by such person within Sri Lanka shall be made through an authorized dealer, or to the extent specified in the permit, through a restricted dealer.

Read on from s 6

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