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srilawsby aturio
As enacted
Contents

Part XII · General

67. Central Bank to issue guidelines to the Authority

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

(1)

Notwithstanding anything to the contrary in this Act or any other written law, the Central Bank may in order to strengthen the stability of the financial system and to make qualitative improvements in the regulation and supervision of a licencee, issue guidelines to the Authority, and the Authority shall give effect to such guidelines issued by the Central Bank by making appropriate rules or issuing directives or by taking any other appropriate action.

(2)

The Central Bank may call for information from the

Authority, from time to time, and it shall be the duty of the

Authority to submit such information in a timely manner.

Read on from s 68

Part XIII

Transitional Provisions

Read on from Part XIII

Schedules