Sri Lanka Consolidated Acts

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National Savings Bank Act (No. 30 of 1971) - Sect 74

Savings stamps

74.
(1) For the purposes of this Act the Commissioner of Stamps may, with the consent of the Monetary Board, provide special stamps (hereinafter referred to as " savings stamps ") of such values as the Monetary Board may determine.
(2) Rules may be made providing that payments on account of the purchase price of savings certificates of prescribed denominational values may be made by means of savings stamps affixed to books or cards or otherwise in the prescribed manner.
(3) The provisions of sections 248 to 256, both inclusive, of the Penal Code shall apply to savings stamps in like manner as those provisions apply to stamps issued by the Government for the purposes of revenue.


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