Sri Lanka Consolidated Acts

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Securities Council (Amendment) Act (No. 26 of 1991) - Sect 31

Amendment of section 51 of the principal enactment

31. Section 51 of the principal enactment is hereby amended as follows :"
(1) in subsection (1) or that section"
(a) by the substitution in paragraph (a) for the word:; " any regulation made thereunder;;, of the words " any regulation or rule made thereunder ; ";
(b) by the substitution in paragraph (b) for the words " untrue or incorrect ; or", of the words "untrue, incorrect or misleading;
(c) by the substitution, in paragraph (c) of that section for the words "servant of the Council in ". of the words " servant of the Commission or any person with whom the Commission has entered into an agreement under subsection (2) of section 23A in" ;
(2) in subsection (2) of that section, by the substitution for the words shall liable on conviction", of the section 51A of the principal enactment :"


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