16.
| (1) The Minister may make regulations for the purpose of carrying out or giving effect to the principles and provisions of this Part. |
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| (2) In particular but without prejudice to the generality of the powers conferred by subsection (1) of this section, the Minister may make regulations for or in respect of all or any of the following matters:-
| | (a) any matter stated or required by this Part to be prescribed or for which regulations are authorized by this Part to be made; | | |
| | (b) any matter relating to the making and disposal of applications for registration, and the mode of the levy, payment and recovery of the excise tax in respect of which the provisions of this Part need to be supplemented; | | |
| | (c) the circumstances in which the registration of a person as a manufacturer may be cancelled or suspended; | | |
| | (d) the compulsory use of banderols, labels or stamps on taxable articles in respect of which the excise tax is leviable, the manner in which such banderols, labels or stamps shall be affixed on such articles or boxes containing such articles, the issue and sale by the Excise Commissioner or Government Agents of such banderols, labels and stamps, and the prices or fees to be recovered therefor; and | | |
| | (e) any matter connected with or incidental to any of the aforesaid matters. | | |
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| (3) Every regulation made under this section shall be published in the Gazette and shall come into operation on the date of such publication or on such later date as may be specified in the regulation. |
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| (4) Every such regulation shall as soon as convenient after the date of its publication in the Gazette be brought before the Senate and the House of Representatives for approval; and any such regulation which the Senate or the House of Representatives refuses to approve shall cease to be in force with effect from the date of such refusal, but without prejudice to the validity of anything previously done thereunder. |
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| (5) Notification of the approval under subsection (4) of any regulation shall be published in the Gazette, and upon such publication the regulation shall be as valid and effectual as though it were herein enacted. |
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Sri Lanka Consolidated Acts