43.
| (1) The Minister may make regulations for the purpose of caring out or giving effect to the principles and provisions of this Act. |
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| (2) In particular and without prejudice to the generality of the powers conferred by subsection (1), the Minister may make regulations in respect of the following matters: -
| | (a) any matter required by this Act to be prescribed or in respect of which regulations are authorized or required by this Act to be made; | | |
| | (b) the manner of application for shares of the Bank, the registration of the holders of such shares, the issue and renewal of share certificates, the transfer of such shares and any other matter connected with, or incidental to, the aforesaid matters relating to shares; | | |
| | (c) the form of debentures, the rate of interest payable thereon, the time or times at which and the manner in which debentures are to be redeemed, the transfer of debentures and any other matter connected with, or incidental to, the aforesaid matters relating to debentures; and | | |
| | (d) the charges payable by persons for services rendered by the Bank. | | |
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| (3) No regulation made by the Minister under this section shall take effect unless it is approved by the Senate and the House of Representatives and notification of such approval is published in the Gazette. |
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Sri Lanka Consolidated Acts