Sri Lanka Consolidated Acts

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National Savings Bank (Amendment) Act (No. 22 of 1999) - Sect 7

Replacement of section 41 of the principal enactment

7. Section 41 of the principal enactment as amended by Act, No. 28 of 1995 is hereby repealed and the following section is substituted therefor:-
41. Interest, shall be paid by the Bank at rates to be determined by the Board, on money's deposited with it, including money's transferred to the Unclaimed Deposits Reserve, for the period during which the money was lying in such Unclaimed Deposits Reserve.".

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