Sri Lanka Consolidated Acts

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Credit Information Bureau Of Sri Lanka Act (No. 18 of 1990) - Sect 12

Borrowings by the Bureau

12.
(1) The Bureau may, from time to time borrow sums of money from the Central Bonk for periods not exceeding six months, subject to such terms and conditions as to the interest thereon and the repayment thereof as may be deter- mind by the Monetary Board.
(2) The aggregate borrowings by the Bureau under sub-section (1) shall at no time exceed a sum equivalent to the paid-up capital of the Bureau.


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