Where any law for the time being in force has made provision for the appointment or nomination of the Secretary to the Treasury as a member of any Committee, Authority,
Board or Institution, as the case may be, the Secretary to the
Treasury shall be entitled to nominate a suitable person from either the Ministry of the Minister to whom the subject of
Finance is assigned or any Department of the General
Treasury, to be his representative in such Committee,
Authority, Board or Institution :
Provided that the Secretary to the Treasury shall be required to attend meetings of the Monetary Board of the
Central Bank of Sri Lanka established under the Monetary
Law Act (Chapter 422) and the Finance Commission established under Article 154R of the Constitution.
Where at any time prior to the coming into operation of this Act, the Secretary to the Treasury has nominated any person to be his representative in such Committee, Authority,
Board or Institution, as the case may be, such nomination shall be valid and effectual and such nomination shall be deemed to have been made in terms of this Act.