As enactedVersion · As enacted
Regional Development Banks Act 1997 · As enacted · Part III · Finance
22. Borrowings from foreign Governments &c
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The Bank may, with the written prior approval of the
Monetary Board granted in concurrence with the Minister from time to time, borrow from any foreign Government, or any other source whatsoever outside Sri Lanka, any sum of money on such terms and conditions as to the interest thereon, and the repayment thereof, as may be approved by the Mon-etary Board with the Concurrence of the Minister.
Monetary Board
Defined · s 52
“Monetary Board” means the Monetary Board of the Central Bank of Sri Lanka established under the Monetary Law Act;