Sri Lanka Consolidated Acts

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National Development Bank Of Sri Lanka (Amendment) Act (No. 34 of 1999) - Sect 4

Amendment of section 16 of the principal enactment

4. Section 16 of the principal enactment is hereby amended by the repeal of subsection (3) thereof and the substitution of the following subsection therefor :-
"(3) the seal of the bank shall not be affixed to any instrument except in the presence of the General Manager or the acting General Manager or the Deputy General Manager or the Assistant General Manager and one Director, both of whom shall sign the instrument in token of their presence.".

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