Sri Lanka Consolidated Acts

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National Water Supply and Drainage Board Law (No. 2 of 1974) - Sect 80

Sri Lanka Water Supply and Sewerage Stock

80.
(1) The Board may borrow for its purposes by the issue of any stock, and the stock so issued is in this Law referred to as " Sri Lanka Water Supply and Sewerage Stock ".
(2) Sri Lanka Water Supply and Sewerage Stock shall be issued, transferred, dealt with, redeemed and cancelled in accordance with such terms as may be determined by the Board with the approval of the Minister given with the concurrence of the Minister in charge of the subject of Finance.

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