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As enacted
Contents

Part IX · Miscellaneous

43. Power to borrow

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

The Authority may with the consent of the Minister given in concurrence with the Minister assigned the subject of Finance borrow temporarily by way of overdraft or otherwise, such sums of money as the Authority may require for defraying any expenditure incurred by it in the exercise, performance and discharge of its powers, duties and functions under this Act:

Provided that, the aggregate of the amounts outstanding in respect of any loans raised by the Authority under this section, shall not exceed such sum as may be determined by the Minister in consultation with the Minister assigned the subject of Finance.

Part X

Interpretation

Schedules