Sri Lanka Consolidated Acts

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People's Bank Act (No. 29 of 1961) - Sect 7

Management of affairs and business of the Bank

7.
(1) The general supervision, control and administration of the affairs and business of the Bank shall be vested in the Board of Directors of the Bank (hereafter in this Act referred to as the Board).
(2) The Board may exercise all or any of the powers of the Bank.

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