Sri Lanka Consolidated Acts Sri Lanka Consolidated ActsPayment in case of incapacity
| 46. Where a person who has a deposit or savings account in the Bank is alleged to be of unsound mind or otherwise incapable of managing his affairs, and the Bank is satisfied as to his incapacity and as to the urgency of his need, the Bank may with the approval of the Minister pay the money lying to his credit to such other person as the Bank thinks proper, and a receipt signed by such other person shall be a sufficient discharge for any payment made to him. |