Sri Lanka Consolidated Acts

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Housing Development Finance Corporation of Sri Lanka Act (No. 7 of 1997) - Sect 21

Borrowing from foreign Governments, &c

21. The Corporation may, with the approval of the Monetary Board from time to time, borrow from any foreign Government, or any other source whatsoever outside Sri Lanka, any sum of money on such terms and conditions as to the interest thereon and the repayment thereof as may be determined by agreement between the Corporation and such Government or such other source, as the case may be.


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