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As enacted

4. Amendment of section 8 of the principal enactment

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

Section 8 of the principal enactment is hereby amended in subsection (2) as follows :—

(1)

by the repeal of paragraph (b) of that subsection and the substitution therefor of the following paragraph :—

“(b)

the period within which the maturity proceeds paid on Scripless Treasury Bills in such accounts shall be paid to customers or persons entitled thereto;”;

(2)

in paragraph (e) of that subsection by the substitution for the words “pledged or encumbered.”; of the words “pledged or encumbered;”; and

(3)

by the addition immediately after paragraph (e) of that subsection of the following new paragraph :—

“(f)

the furnishing of information to the Central

Bank, the manner, means and periods at which such information shall be furnished to the

Central Bank.”.

Conversion of Treasury

Bills issued in the form of written certificates.