26. Section 73 of the principal enactment is hereby amended by the repeal of subsection (2) of that section and the substitution therefor of the following subsection:
| " (2) Where an offence under this Act is committed by an insurer every director of the insurer shall also be guilty of the same offence and be liable to the same punishment, unless he proves that the offence was committed without his knowledge or consent and that he had taken all reasonable steps to prevent the commission of the offence.". |
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Sri Lanka Consolidated Acts