8. Section 13 of the principal enactment is hereby amended as follows;"
| (1) by the insertion, immediately after paragraph (b) of that section, of the following new paragraph: "
| | " (bb) to grant a licence to a managing company to operate a unit trust and to ensure the proper conduct of the business of such unit trust;"; | | |
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| (2) by the repeal of paragraph (c) of that section and the substitution therefor, of the following paragraph: "
| | " (c) to give directions to a licensed stock exchange or the managing company or trustee of a licensed unit trust or a licensed stock broker or a stock dealer, from time to time;"; | | |
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| (3) by the repeal of paragraph (g) of that section; |
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| (4) by the repeal of paragraph (h) of that section and the substitution therefor of the following paragraph:"
| | " (h) to cancel or suspend the listing of any securities or the trading of any given listed securities or to suspend the trading of all listed securities for not more than three days at a time, for the protection of investors;" ; | | |
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| (5) by the substitution, in paragraph (i) of that section, for the words "stock dealer and public companies", of the words ': stock dealer, unit trust and public companies "; |
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| (6) by the substitution in paragraph (j) of that section, C or the words " stock dealer or any public company", of the words " stock dealer, the trustee or managing company of a licensed unit trust or any public company "; |
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| (7) by the repeal of paragraph (m) of that section, and the substitution therefor of the following paragraphs :"
| | " (m) to request the Registrar of Companies, in the exercise of the powers conferred on it by section 227 of the Companies Act, No- 17 of 1982, to call upon a private limited liability company to become a public limited company; and | | |
| | (n) to do all such other acts as may be incidental or conducive to, the attainment of the objects of the Commission or the exercise of its powers under this Act," | | |
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Sri Lanka Consolidated Acts