45.
| (1) Every Director, auditor, officer or other employee or agent or other person employed in the business of the Bank, shall before entering upon his duties sign a declaration pledging himself to observe strict secrecy, respecting all transactions of the Bank, its customers, the state of accounts with any person or institution and all matters relating thereto and shall by such declaration pledge himself not to reveal any other matters which may come to his knowledge in the discharge of his duties except-
| | (a) when required so to do-
| | | (ii) by a court of law ; or |
| (iii) by the person to whom such matters relate; or (iv) by the Monetary Board. |
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| | (b) in the performance of his duties ; and | | |
| | (c) in order to comply with any of the provisions of this Act or any other law. | | |
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| (2) Every Director, auditor, officer or other employee, agent, or other person employed in the business of the Bank shall decline to answer any question concerning the business of the Bank if he cannot answer the question without infringing his pledge of secrecy under subsection (1). |
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| (3) Every Director, auditor, officer or other employee, agent or other person employed in the business of the Bank who reveals any information in contravention of a declaration signed by him under subsection (1) shall be guilty of an offence under this Act and shall on conviction after summary trial before a Magistrate, be liable to a fine not exceeding two thousand rupees, notwithstanding that such fine exceeds the amount of fine a Magistrate may impose in the exercise of his ordinary jurisdiction. |
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Sri Lanka Consolidated Acts