Sri Lanka Consolidated Acts

[Index] [Table] [Database Search] [Name Search] [Previous] [Next] [Help]

Bretton Woods Agreements Act (No. 2 of 1969) - Sect 4

Amendment of section 4 of the principal Act

4. Section 4 of the principal Act is hereby amended in sub-section (1) of that section as follows: -
(a) by the substitution, in paragraph (c) of that sub-section, for the expression " this Act; and ", of the expression " this Act; ";
(b) by the substitution, in paragraph (d) of that sub-section, for the expression " (which relates to the liquidation of the Fund). ", of the expression " (which relates to the liquidation of the Fund); "; and
(c) by the insertion, immediately after paragraph (d) of that sub-section, of the following new paragraphs:-
" (e) to the Central Bank of Ceylon all sums paid by that Bank on behalf of Ceylon under section 2 of Article XXII of the Fund Agreement, and assessed as so payable under section 4 of Article XXVI of the Fund Agreement;
(f) any compensation which Ceylon is required or obliged to pay to any participant in the Special Drawing Account in that Fund under section 8 of Schedule I of the Fund Agreement (which relates to the administration of the liquidation of that Account); and
(g) all sums, other than sums by way of compensation referred to in paragraph (f), which Ceylon is required or obliged to pay to that Fund or any member thereof in order to discharge its obligations as a participant in the Special Drawing Account in that Fund. ".


[Index] [Table] [Database Search] [Name Search] [Previous] [Next] [Help]