Sri Lanka Consolidated Acts

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Banking (Amendment) Act (No. 33 of 1995) - Sect 19

Amendment of section 34B of the principal enactment

19. Section 34B of the principal enactment is hereby amended as follows :-
(1) in subsection (2) of that section by the subsection for the words "Where a licensed commercial bank authorized by the Monetary Board under this Part opens a numbered account ", of the words " Where a licensed commercial bank has opened a numbered account ";
(2) by the addition at the end of that section, the following new subsection-
(3) For the purpose of this section " numbered account" means an account opened with a licensed commercial bank authorized by the Monetary Board under repealed section 34A, that is identified only by a number, code, word or such other means as was determined by the Monetary Board.'.


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