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srilawsby aturio
As enacted
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Part I · General Provisions

3. Regulatory schemes to be in addition to other schemes and powers of the Central Bank under this Act

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

The obligations, requirements, powers and regulatory schemes established under the provisions of this Act, shall be in addition to the obligations, requirements, powers and regulatory regimes under any other written law, and the powers conferred on the Central Bank by this Act shall be in addition to those conferred on it by the Monetary Law Act (Chapter 422), the Banking Act, No. 30 of 1988 or any other written law for the time being in force.

(2)

The provisions of the Act shall be read and construed in conformity with the Monetary Law Act (Chapter 422) and the Banking Act, No. 30 of 1988.

(3)

For the purposes of this Act, “Central Bank” means the

Central Bank of Sri Lanka, established under the Monetary

Law Act (Chapter 422).

(4)

Where under this Act any power, duty or function is required or authorized to be exercised, performed or discharged by the Central Bank, the Monetary Board of the

Central Bank of Sri Lanka may in writing authorise any officer of the Central Bank, to exercise, perform or discharge such powers, duties or functions.

Part II

Payment, Clearing and Settlement Systems and Money Services

Read on from Part II

Part III

Read on from Part III

Part IV

Miscellaneous Provisions

Read on from Part IV