Sri Lanka Consolidated Acts

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People's Bank Act (No. 29 of 1961) - Sect 18

Acts commenced by the Permanent Secretary may be continued by the Board

18.
(1) Any act done by the Permanent Secretary under section 17 shall, for all purposes, have the same effect as if such act had been done by the Board.
(2) The Board may continue any action or thing commenced by the Permanent Secretary and remaining unfinished or incomplete at the date of commencement of business by the Bank, as if such action or thing had been commenced by the Board.

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