28. Section 44 of the principal enactment is hereby amended by the repeal of subsection (3). (7), (8), (9) and (10) of that section, and the substitution therefor, of the following subsections :-
| " (5) No payment shall be made by the Bank to any nominee unless the nominee makes an application supported by evidence acceptable to the Bank, in respect of his identity. |
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| (6) A payment made to a nominee of a deceased nominator shall be a complete discharge of the obligations of the Bank in respect of the moneys lying to the credit of such nominator". |
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Sri Lanka Consolidated Acts