The Central Bank of Sri Lanka (CBSL) has issued a Gazette notification suspending pension payments for those appointed as the Governor of the bank.
As per the Gazette issued dated 25 September 2024, pension payments to a person appointed as the Governor have been discontinued from 11.09.2024.
The Gazette further states that no claims for pension payments shall be entertained by the Central Bank of Sri Lanka after the said effective date.
“In the event criminal investigation or proceedings are being conducted before a Court of Law in respect of a former Governor, pension payment to such former Governor shall be stayed or suspended until the conclusion of such investigations or proceedings,” it added.
The Gazette has been issued per the provisions of the Monetary Law Act, No. 58 of 1949.
Gazette : http://documents.gov.lk/files/egz/2024/9/2403-27_E.pdf (Newswire)
