Sri Lanka Consolidated Acts

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People's Bank (Amendment) Act (No. 61 of 1980) - Sect 4

Insertion of new section 42A in the principal enactment

4. The following new section is hereby inserted. immediately after section 42, and shall have effect as section 42A of the principal enactment:-
42A.The Minister may from time to time give general or special directions in writing to the Board as to the performance of the duties and the exercise of the powers of the bank and it shall be the duty of the Board to comply with such directions,

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