Sri Lanka Consolidated Acts

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Monetary Law (Amendment) (No. 7 of 1988) - Sect 4

Insertion of new section 120 A in the principal enactment

4. The following new section is hereby inserted immediately after section 120 of the principal enactment and shall have effect as section 120A of that enactment:
120A. The Monetary Board may, subject to the provisions of subsection (3) of section 23, at the request of the Government or otherwise temporarily release any officer or servant of the Central Bank, with the consent of such officer or servant to serve in any office or position outside the Central Bank, on such terms and conditions as may be determined by the Monetary Board. ".


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