Sri Lanka Consolidated Acts Sri Lanka Consolidated ActsEstablishment of the People's Bank
| 2. (1) There shall be established a bank which shall be called the People's Bank (hereafter in this Act referred to as the Bank) and which shall consist of the persons who are for the time being shareholders of the Bank. (2) The Bank shall by the name assigned to it by subsection (1) be a body corporate and shall have perpetual succession and a common seal and may sue and be sued in such name. |