| 1.
| | Short title and date of operation. |
| 2.
| | Licensing of banks. |
| 3.
| | Application for a licence. |
| 4.
| | Companies incorporated outside Sri Lanka to remit currency to Sri Lanka. |
| 5.
| | Issue of licence. |
| 6.
| | Limits imposed on all licensed commercial banks. |
| 7.
| | Bank of Ceylon. People's Bank &c., not to be restricted by preceding provisions in the exercise of powers. |
| 8.
| | Payment at licence fee. |
| 9.
| | Consequences of failure to commence business on of a licence &c,. |
| 10.
| | Directions of Board where notice cancellation is issued. |
| 11.
| | commercial bank to suspend business, |
| 12.
| | Approval of the Monetary Board necessary prior to carrying on certain transactions& c,. |
| 13.
| | Withdrawal of variation of approval under section 12. |
| 14.
| | Compliance of persons and banks suspected of carrying on banking business. |
| 15.
| | provisions of this Part not to apply to the Monetary Board or Central Bank. |
| 16.
| | Restriction on use of certain names and descriptions |
| 17.
| | licensed commercial bank not to have as its subsidiary a company which is not a licensed commercial bank. |
| 18.
| | Compliance with provisions of this Part essential. |
| 19.
| | Capital. |
| 20.
| | Reserve fund. |
| 21.
| | Liquid Assets |
| 22.
| | Payment of dividends. |
| 23.
| | Licence to engage in off-shore banking. |
| 24.
| | Parts III, V and VI not to apply to offshore banking. |
| 25.
| | Nature of business an off-shore unit is authorized to carry on. |
| 26.
| | Monetary Board to authorize off-shore banking |
| 27.
| | Off-shore unit to prepare balance sheet and profit and loss account |
| 28.
| | Monetary Board to specify form of balance sheet and profit and loss account. |
| 29.
| | Off-shore banking units exempt from provisions of the Monetary Law Act. |
| 30.
| | Preparation of Annual Report. |
| 31.
| | Monetary Board to cause examination consequent to auditor's report. |
| 32.
| | Maintenance of books accounts,& c,. |
| 33.
| | Powers of the Director of bank Supervision over off- shore unit |
| 34.
| | Power of Monetary Board to call for information. |
| 35.
| | Preparation of balance sheet and profit and loss account. |
| 36.
| | Balance sheet. |
| 37.
| | profit and loss account, |
| 38.
| | Publications of balance sheet and profit and loss account. |
| 39.
| | Appointment of auditor. |
| 40.
| | Consequences of failure to submit audit report&,. c. |
| 41.
| | Monetary Board to cause examination of a licensed commercial bank or any of it subsidiaries. |
| 42.
| | Disqualification for being appointed or elected director. |
| 43.
| | Secretary of a licensed commercial bank. |
| 44.
| | Disqualification for being appointed as Manager or Secretary of a Licensed commercial bank. |
| 45.
| | Power of the Director of Bank Supervision. |
| 46.
| | Monetary Board to give directions to licensed commercial banks. |
| 47.
| | Conditions for the grant of a loan by way of accommodation. |
| 48.
| | Licensed commercial bank not to engage in buying selling, &c,. |
| 49.
| | Prohibition in the sale, transfer,& c,. of immovable assets. |
| 50.
| | Liquidator. |
| 51.
| | Liquidation. |
| 52.
| | Licensed commercial bank to cease to carry on business |
| 53.
| | Notice of liquidation to be sent to depositors, creditors &c. |
| 54.
| | Safeguard rights of depositors and creditors. |
| 55.
| | Licensed commercial bank removed from list of licensed commercial banks. |
| 56.
| | Compulsory liquidation. |
| 57.
| | Director to take charge of all books records and assets. |
| 58.
| | Director of Bank Supervision to have full management and control for the purpose of liquidation. |
| 59.
| | Claims& c,. to be extended where liquidation proceedings have been instituted. |
| 60.
| | Power at Director of Bank Super- vision to terminate contracts& c,. |
| 61.
| | Termination of fiduciary functions. |
| 62.
| | Director of Bank Supervision to issue statement to depositors&c., |
| 63.
| | Safe deposit boxes. |
| 64.
| | Functions of Director of Bank Supervision in relation to liquidation proceedings of a licensed commercial bank. |
| 65.
| | Objection to Schedule. |
| 66.
| | Priority of claims. |
| 67.
| | Distribution of assets. |
| 68.
| | Unclaimed funds. |
| 69.
| | Audited account to be submitted to Court. |
| 70.
| | Closure of licensed commercial banks incorporated outside Sri Lanka. |
| 71.
| | This Part to prevail over any other law. |
| 72.
| | Abandoned property. |
| 73.
| | Abandoned property to be transferred to a special account. |
| 74.
| | Publication of notice regarding abandoned property. |
| 75.
| | Repayment by the Central Bank. |
| 76.
| | Failure to deliver property presumed to be abandoned to be an offence. |
| 77.
| | Declaration of secrecy. |
| 78.
| | Protection for action this Act or on the directions of the Monetary Board. |
| 79.
| | Offences. |
| 80.
| | Persona who fail to take reasonable steps &c,. under the Act to be guilty of an offence. |
| 81.
| | Offence by a body corporate. |
| 82.
| | Regulations. |
| 83.
| | Licensed Commercial bank deemed to be an approved credit agency. |
| 84.
| | Amendment to the Monetary Law Act (Cap.422). |
| 85.
| | Amendment to the Companies Act, No.17 of 1982. |
| 86.
| | interpretation. |