4. Section 22 of the principal Act is hereby amended as follows:-
| (1) by the repeal of subsections (3) and (4) of that section, and the substitution therefor, of the following new subsections: -
| | '(3) The Minister may by Order published in the (Gazette provide that no goods shall except with the permission of the bank, be exported from Sri Lanka to any destination specified in the Order, | | |
| | (4) In granting permission under subsection (3) in respect of the exportation of goods for the purposes of sale, the bank shall satisfy itself
| | | (a) that payment for the goods has been made to person resident in Sri Lanka by such means and in such manner as may be prescribed in relation to goods of that class or description exported to the destination, or is to be so made not later than six months after the date of exportation; and |
| (b) that the amount of the payment that has been made or is to be made represents such a return for the goods as is in all the circumstances satisfactory in the national interest: |
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| (2) by the repeal of subsection (7) of that section. |
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Sri Lanka Consolidated Acts