Sri Lanka Consolidated Acts

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Securities Council (Amendment) Act (No. 26 of 1991) - Sect 29

Amendment of section 42 of the principal enactment

29. Section 42 of the principal enactment is hereby amended as follows: "
(1) in subsection (1) of that section, by the substitution for the words "Minister shall, in consultation with the Council, ", of the words " Minister shall, on the recommendation of the Commission,";
(2) in subsection (4) of that section by the substitution for the words -"Minister may remove from office", of the words "Minister may on the recommendation of the Commission, remove from office".

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