Sri Lanka Consolidated Acts

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Tax Reserve Certificates Act (No. 22 of 1957) - Sect 2

Central Bank of Ceylon to issue Tax Reserve Certificates

2.
(1) The Central Bank of Ceylon is hereby authorized to issue, in accordance with the provisions of this Act, Tax Reserve Certificates (hereafter in this Act referred to as certificates) up to such amount and of such denomination or denominations as the Minister of Finance may from time to time specify by Order published in the Gazette.
(2) The Superintendent of Public Debt in the Central Bank of Ceylon (hereafter in this Act referred to as the Superintendent) shall be responsible for the issue of certificates, the maintenance of books of issue, the redemption or cancellation of certificates, and all other matters pertaining to the issue of, and repayment in respect of, certificates.


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