6. Section 17 of the principal enactment is hereby repealed and the following new section substituted therefor: -
| 17.
| | (1) Meetings of the Monetary Board-shall be held at least once in every two weeks and, in addition, as frequently as is necessary for the purpose of the discharge of its responsibilities under this Act. | | |
| | (2) Meetings of the board shall be convened by the Governor. | | |
| | (3) At any meeting of the Board three members shall constitute a quorum. | | |
| | (4) No decision taken at any meeting of the board shall be deemed to be a decision of the board unless it has the concurrence of at least three members, or, in any case where any other provision of this Act requires a unanimous decision, the concurrence of all four members.". | | |
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Sri Lanka Consolidated Acts