37.
| (1) Every person who -
| | (a) knowingly allots, or registers, any shares in the Corporation, to or in the name of, any person, in contravention of the provisions of section 17(5); or | | |
| | (b) knowingly secures the allotment or registration of any shares in the Corporation, to, or in the name of, any person, in contravention of the provisions of section 17(5); or | | |
| | (c) being a director, officer or auditor of the Corporation, discloses any matter relating to a transaction of the Corporation, to any person for any purpose other than a purpose for which he is authorised to disclose such matter by this Act, | | |
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| (2) Where an offence under this Act is committed by a body of persons then -
| | (a) if that body of persons is a body corporate ,every director and officer of that body corporate ; or | | |
| | (b) if that body of persons is a firm ,every partner of that firm, shall be guilty of that offence : | | |
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Sri Lanka Consolidated Acts