9.
| (1) The Central Bank may issue directions for the purpose of carrying out or giving effect to the principles and provisions of this Act to commercial banks, authorized dealers, approved acceptors or other persons. |
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| (2) In particular, but without prejudice to the generality of the powers conferred by sub-section (1), the Central Bank may issue directions to commercial banks, authorized dealers, approved acceptors or other persons for or in respect of all or any of the following matters: -
| | (a) any matter for which directions are authorized by this Act to be issued; | | |
| | (b) any matter relating to the establishment and operation of the Scheme in respect of which the provisions of this Act need to be supplemented; and | | |
| | (c) any matter connected with or incidental to any of the aforesaid matters. | | |
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| (3) Any person who contravenes or fails to comply with any direction issued by the Central Bank under this Act shall be guilty of an offence under this Act. |
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Sri Lanka Consolidated Acts