Sri Lanka Consolidated Acts

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Monetary Law (Amendment) (No. 52 of 1985) - Sect 6

Insertion of new section 24A in the principal enactment

6. The following new section is hereby inserted immediately after section 24 of the principal enactment, and shall have effect as section 24A of that enactment:
24A.
(1) A Deputy Governor may require any person
(a) to furnish to him or to any officer or servant of the Central Bank designated by him within such time and in such manner as he may specify, such information as he may consider necessary to obtain for the purpose of the proper discharge of the functions and responsibilities of the Central Bank; or
(b) to produce for inspection to him or to any officer or servant of the Central Bank, designated by him within such time and in such manner as he may specify, any books or records in the possession of such person containing or likely to contain any such information, as is referred to in paragraph (a) of this subsection.
(2) Any person who, without reasonable cause, fails or refuses to comply with any requirement under subsection (1) shall be guilty of an offence.
(3) In this section" person" includes any officer of any department of Government and any body of persons, corporate or unincorporate, whether established or constituted under any written law or otherwise. '.


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