Sri Lanka Consolidated Acts

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Finance Act (No. 65 of 1961) - Sect 11

Provisions of this Part of this Act to prevail over the Bank of Ceylon Ordinance

11. The provisions of this Part of this Act or any regulations made thereunder shall have effect notwithstanding anything to the contrary in the Bank of Ceylon Ordinance or any regulations made thereunder or any other written law, and accordingly the Bank shall be deemed not to have ceased to be a Corporation under that Ordinance by reason of the fact that the Government is the sole shareholder of the Bank.


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