State Mortgage And Investment Bank Law (No. 13 of 1975)

Sri Lanka Consolidated Acts

Funds of the Bank

45.

(1) All sums of money received by the Bank or the Board-

	(a) as contribution towards the capital of the Bank;

	(b) in carrying out the purposes of the Bank;

	(c) in exercising and performing the powers and duties of the Bank or such Board;

	(d) in conducting the business and administration of the Bank,

(2) All financial commitments or liabilities of the Bank or the Board arising from or incurred in connection with-

	(a) carrying out the purposes of the Bank;

	(b) the exercise and performance of the powers and duties of the Bank or such Board; and

	(c) the conduct of the business and administration of the Bank,