Sri Lanka Consolidated Acts

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Motor Transport (Amendment) Law (No. 8 of 1975) - Sect 4

Insertion of new section 28B in the principal enactment

4. The following new section is hereby inserted immediately after section 28A of the principal enactment (inserted by section 2 of this Law) and shall have effect as section 28B of that enactment:
28B. The capital of the Ceylon Transport Board may be increased from time to time by such amounts as may be authorized by an Appropriation Law or by resolution of the National State Assembly, and such amounts shall be given or made available to the Ceylon Transport Board by the Government by way of grants or by way of loans on such terms and conditions as may be determined by the Minister in charge of the subject of Finance ".


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