Sri Lanka Consolidated Acts

[Index] [Table] [Database Search] [Name Search] [Previous] [Next] [Help]

Securities Council (Amendment) Act (No. 26 of 1991) - Sect 25

Amendment of section 33 of the principal enactment

25. Section 33 of the principal enactment is hereby amended as follows:-
(1) in subsection (1) of that section by the substitution in subparagraph (c) of that subsection, for the words " the individual holding it knows, is unpublished ", of the words ''is unpublished" ;
(2) in subsection (3) of that section, by the repeal of paragraph (c) of that subsection and the substitution therefor of the following paragraph : "
" (c) shall not communicate to any person the information held or obtained by him as referred to in subsection (2) if he knows or has reasonable cause to believe that such person or any other person will make use of that information for the purpose of counseling or procuring any other person to trade in such relevant securities


[Index] [Table] [Database Search] [Name Search] [Previous] [Next] [Help]