Sri Lanka Consolidated Acts

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Multilateral Investment Guarantee Agency Act (No. 57 of 1988) - Sect 3

Payment out of the Consolidated Fund

3. There shall be paid out of the Consolidated Fund of Sri Lanka-
(a) such sums as may from time to time, be required to pay to the Agency, the initial subscription payable by Sri Lanka under paragraphs (i) and (ii) of Article 7 of the Convention;
(b) such sums as may, from time to time, become payable to the Agency by Sri Lanka, under any other provisions of the Convention; and
(c) such sums as may be required for the redemption of any notes or obligations created or issued to the Agency under section 2 of this Act.


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