38.
| (1) Every licensed commercial batik incorporated or established within Sri Lanka by or under any written law shall transmit to the Director of Bank Supervision, and publish within five months after the close of the financial year its balance sheet as at the close of the financial year, and exhibit them in a conspicuous place of each of its places of business until the balance sheet and profit and loss account for the succeeding financial year are prepared and exhibited. |
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| (2) Every licensed commercial bank incorporated outside Sri Lanka shall transmit to the Director of Bank Supervision within five months of the close of each financial year its balance sheet as at the close of the financial year and its profit and loss account for such financial year in respect of Its business in Sri Lanka. |
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| (3) The Monetary Board may specify the form of the balance sheet and profit and loss account referred to in this Part and where such form is specified, the balance sheet and profit and loss account of every licensed commercial bank shall be prepared in such form as may be specified. |
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| (4) Every commercial bank licensed to carry on banking business in Sri Lanka shall within six months of the close of the financial year, exhibit in a conspicuous place within the place of business of such commercial bank
| | (a) the profit and loss account for such financial year in respect of its business within Sri Lanka including the business of its off-shore unit; and | | |
| | (b) the consolidated balance sheet as at the end of such financial year setting out the state of affairs of such commercial bank and of its affiliates and subsidiaries, until its next profit and loss account and balance sheet are exhibited. | | |
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Sri Lanka Consolidated Acts