Sri Lanka Consolidated Acts

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State Mortgage And Investment Bank Law (No. 13 of 1975) - Sect 29

Declaration of secrecy

29. Every director, General Manager, auditor, secretary, adviser, employee, member of agency, accountant 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, and the state of accounts with any person and all matters relating thereto and shall by such declaration pledge himself not to reveal any matters which may come to his knowledge in the discharge of his duties except-
(a) when required so to do,-
(i) by the Board, or
(ii) by a court of law, or
(iii) by the person to whom such matters relate ;
(b) in the performance of his duties; and
(c) in order to comply with any of the provisions of this Law or any other law.


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