10. Section 21 of the principal enactment is hereby repealed and the following section substituted therefor:"
| 21.
| | (1) The authorized capital of the Bank shall be two thousand million rupees divided into two hundred million shares of ten rupees each. | | |
| | (2) The Bank may offer such of the shares referred to in subsection (1) as have not been allotted under section 22, to the public for subscription at such time or times in such amount or amounts and in such manner as may be determined by the Board of Directors and upon payment being made for such shares shall, subject to the provisions of subsection (2B) of section 22, allot such shares to the respective purchasers.". | | |
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Sri Lanka Consolidated Acts