Sri Lanka Consolidated Acts

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Monetary Law (Amendment) (No. 7 of 1988) - Sect 2

Amendment of section 10 of Chapter 422

2. Section 10 of the Monetary Law Act (hereinafter referred to as the " principal enactment"), is hereby amended by the insertion, immediately after paragraph (b) of that section of the following paragraph:
" (bb) may, notwithstanding the provisions of paragraph (c) of section 117, grant loans and advances, for housing purposes, to officers and servants of the Central Bank on the mortgage of, or otherwise on the security of, immovable property ; ".

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