Sri Lanka Consolidated Acts Sri Lanka Consolidated ActsBorrowings
| 39. The Corporation may 'with the consent of the Minister or in accordance with the terms conditions of any general authority given by him borrow temporarily, by way of overdraft or otherwise, all such sums of money as the Corporation may require for meeting its obligations or for performing or discharging its duties and functions under this Act; Provided that the aggregate of the amounts outstanding in respect of any temporary loans raised by the Corporation under this section, shall not at any time exceed such sums as may be determined by the Minister in consultation with the Minister in charge of the subject of Finance. |