Sri Lanka Consolidated Acts Sri Lanka Consolidated ActsAdditional power to borrow by the issue of Treasury Bills. Cap. 417
| 116. In addition to the sums heretofore borrowed or authorized to be borrowed by the issue in Ceylon of Ceylon Government Treasury Bills under the Local Treasury Bills Ordinance, the Minister of Finance may direct the Deputy Secretary to the Treasury to borrow, by the issue in Ceylon of Ceylon Government Treasury Bills, sums not exceeding one hundred million rupees in the aggregate; and the Deputy Secretary to the Treasury may also, with the prior approval of the Minister of Finance, borrow from time to time by the issue of such Treasury Bills, such sums as may be required to pay off at maturity, Treasury Bills, already lawfully issued by him, and outstanding, under the provisions of this section. |