Sri Lanka Consolidated Acts

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Finance Act (No. 38 of 1971) - Sect 2

Moneys in the Compulsory Savings Fund to be loaned to the Government

2. Notwithstanding the provisions of any law to the contrary, the Monetary Board of the Central Bank shall lend to the Government the moneys lying in the Compulsory Savings Fund on such terms as may be determined by that Board with the concurrence of the Minister of Finance. Any moneys received by way of interest from such lending shall be credited to that Fund.


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