5.
| (1) Every Treasury Certificate of Deposit issued under this Act shall be for the sum of one thousand rupees or a multiple of one thousand rupees and shall be payable at par ; on production of such Treasury Certificate of Deposit by the bearer, at such time or times as the Minister shall, before the issue of such Treasury Certificate of Deposit, fix but not later than two years from the date of issue. |
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| (2) The liability of the Government to pay on a Treasury Certificate of Deposit issued under this Act shall cease after expiration of six years from the date of issue of such Treasury Certificate of Deposit and the bearer of any such Treasury Certificate of Deposit shall not be entitled, after the expiration of that period, to payment of the principal represented by such Treasury Certificate of Deposit or to any compensation in respect of non-payment of such principal. |
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Sri Lanka Consolidated Acts