Sri Lanka Consolidated Acts

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Finance Act (No. 65 of 1961) - Sect 2

Vesting of ordinary shares of the Bank in the Government

2. All the ordinary shares of the Bank of Ceylon (in this Part of this Act referred to as " the Bank ") shall be deemed to have vested in the Government on the relevant date, and accordingly the Government shall be deemed as from that date to have been, and to be, the holder of such shares.

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