Administration of this Part of this Act
70. The People's Bank established under the People's Bank Act, No. 29 of 1961, (and hereafter in this Part of this Act referred to as the " Bank ") shall be responsible for and charged with the administration of this Part of this Act and shall, in the exercise, performance or discharge of any power, duty or function conferred or imposed upon or assigned to the Bank by or under this Part of this Act, be subject to the general direction and control of the Minister. |