Sri Lanka Consolidated Acts

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Foreign Exchange Entitlement Certificates Act (No. 28 of 1968) - Sect 3

Authority vested in the Government by section 2 to be exercised by the Central Bank

3. The authority vested in the Government by section 2 shall be exercised by the Central Bank as the agent of the Government, and accordingly such Bank may, in its capacity as such agent, exercise, discharge and perform, subject to such directions as may from time to time be issued in that behalf by the Minister of Finance, all such powers, functions and duties as may be necessary for the purposes of the establishment and operation of the Scheme, and of carrying out and giving effect to the principles and provisions of this Act.


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