Sri Lanka Consolidated Acts

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National Savings Bank Act (No. 30 of 1971) - Sect 65

Notification of purchase price surrender values, &c.,

65. Where the Monetary Board has authorized the Bank to borrow any sum of money by the issue of savings certificates under this Act, the Bank shall by notification published in the Gazette specify-
(a) the denomination or denominations of the savings certificates which are to be issued; and
(b) the purchase price and the surrender value of a certificate of each such denomination.


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