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As enacted
Contents

Part I · Establishment of the Public Debt Management Office

5. Director-General of the Office

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

(1)

There shall be a Director-General appointed by the

Cabinet of Ministers.

(2)

The Director-General shall be the head of the Office and be responsible for the overall operations of the Office.

(3)

The terms and conditions of employment including remuneration for all employees of the Office shall be determined by the prevailing Government regulations as may be applicable from time to time.

Part II

Public Debt Coordinating Committee

Part III

Government Borrowing and Debt Management

Part IV

Government Loan Guarantees, Government On-Lending, Suppliers’ Credit Agreements and Finance Lease Agreements

Part V

Records and Publication of Public Debt and Finance Arrangements

Part VI

Annual Reporting to Parliament

Part VII

Borrowing and Issuance of Guarantees by State Owned Enterprises and Reporting by Provincial Councils, Local Authorities and State Owned Enterprises

Part VIII

Offences and Penalties

Part IX

General