Sri Lanka Consolidated Acts

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

Securities Council Act (No. 36 of 1987) - Sect 14

Powers of inspection amp;c. of the Council

14. The Council shall in. addition to the powers specified in section 13 also have the power to-
(a) conduct regular inspections of the activities of licensed stock exchanges, stock brokers and stock dealers hi order to determine whether they are operating in conformity with the rules and regulations made under the provisions of this. Act; and
(b) require licensed stock brokers and stock dealers to file with the Council, annual balance sheet and in come statements, certified by a qualified auditor in the form and manner specified by the Council.

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