3. The following new section is hereby inserted immediately after section 50, and shall have effect as section 50A, of the principal Act: -
| 50A.
| | (1) Except in the performance of his duties under this Act, every officer or servant of the Department of Exchange Control of the Central Bank shall preserve, and aid in preserving, secrecy with regard to all matters that may come to his knowledge in the performance of his duties under this Act; and any such officer or servant who communicates any such matter to any person other than-
| | | (a) the person to whom that matter relates or his authorized representative, or |
| (b) the Monetary Board, or |
| (c) the Governor of the Central Bank or an officer of the Central Bank authorized by such Governor to obtain information regarding that matter, or |
| (d) the Permanent Secretary to the Ministry of Finance, or |
| (e) a public officer authorized by the Minister to obtain information regarding that matter, or |
| (f) a person to whom it is necessary to communicate that matter for the purpose of securing compliance with, or detecting evasion of, any provision of this Act, or of any other written law, |
|
| | (2) No officer or servant of the Department of Exchange Control shall, in any legal proceedings to which the Monetary Board is not a party, be compellable, except by order of the court, to produce any book or document or to divulge or communicate any matter coming under his notice in the performance of his duties under this Act. ". | | |
|
|
|
Sri Lanka Consolidated Acts