3. Persons to
Feedback & supportOfficial English translation. Where it differs from the Sinhala or Tamil text, the Act itself says which text prevails.
Any person to whom this Act applies may sell to the Bank any specified certificate of deposit to which this
Act applies and deposit the full proceeds of such sale to his credit in any such special account as may be opened by him for that purpose in the Bank.
Bank
“Bank” means the National, Savings Bank established by the National Savings Bank Act…
Act applpies may deposit money in special-accounts in the Bank.
It shall be the duty of the Bank to purchase, any specified certificate of deposit to which this Act applies, offered for sale to the Bank by any person to whom this Act applies at such price as may be determind by the Bank, if the Commissioner-General certifies to the Bank, that such certificate of deposit is a certificate of deposit to which this Act applies,
specified certificate of deposit
“specified certificate of deposit” means any certificate of deposit issued— @) under the Treasury Certificates of Deposit-Act…