26.
| (1) The Minister may make regulations for the purpose of giving effect to the principles and provisions of this Act and in respect of any matter which is required or authorized by this Act to be prescribed. |
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| (2) Subject to the provisions of subsection (1), regulations may be made in respect of all or any of the following matters:-
| | (a) the manner and mode in which any levy paid to the Commission is to be disbursed ; | | |
| | (b) the purposes for which any levy paid to the Commission is to be disbursed. | | |
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| (3) Every regulation made under subsection (1) shall be published in the Gazette and shall take effect from the date of such publication or on such later date as may be specified therein. |
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| (4) Every regulation made under subsection (1) shall be as soon as convenient be placed before Parliament for its approval. Any regulation which is not so approved shall be deemed to be disapproved with effect from the date of disapproval but without prejudice to anything done thereunder. |
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| (5) Notification of the date of disapproval of any regulation shall be published in the Gazette. |
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Sri Lanka Consolidated Acts