Sri Lanka Consolidated Acts

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Banking (Amendment) Act (No. 2 of 2005) - Sect 11

Amendment of section 21 of the principal enactment

11. Section 21 of the principal enactment is hereby amended in subsection (1) of that section, by the substitution for the words "and to the shareholders" wherever they occur in that subsection, of the words "and to the share holders, to the holders of non-redeemable debt instruments and its liabilities on repurchase agreements in relation to treasury bills or securities issued or guaranteed by the Government of Sri Lanka, or on such other assets as determined by the Monetary Board.".


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