Sri Lanka Consolidated Acts

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Regional Rural Development Banks Act (No. 15 of 1985) - Sect 24

Borrowings from the foreign Governments &c

24. The Bank may, with the prior approval of the Monetary Board from time to time, borrow from any foreign Government, or any other source whatsoever outside Sri Lanka, any sum of money on such terms and conditions as to the interest thereon and the repayment thereof as may be determined by agreement between the Monetary Board, and such foreign Government or such other source, as the case may be.


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