Sri Lanka Consolidated Acts

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Rehabilitation of Public Enterprises Act (No. 29 of 1996) - Sect 8

Regulations

8.
(1) The Minister in charge of the subject of Finance may make regulations in respect of all matters in regard to which regulations are required or authorised to be made,
(2) Every regulation made by the Minister 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.
(3) Every regulation made by the Minister shall, as soon as convenient after its publication in the Gazette, be brought before Parliament for approval, Any regulation which is not so approved shall deemed to be rescinded as from the date of disapproval but without prejudice to anything previously done there under.
(4) Notification of the date on which any regulation is deemed under subsection (3) to be rescinded shall be published in the Gazette.


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