Sri Lanka Consolidated Acts

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Securities Exchange Of Sri Lanka (Amendment) Act (No. 18 of 2003) - Sect 10

Amendment of section 20 of the principal enactment

10. Section 20 of the principal enactment as amended by Act No. 26 of 1991 is hereby further amended as. follows ;
(1) in subsection (1) of that section by the substitution for the words "within six months prior to the expiry". of the words "six months prior to the expiry" ;
(2) by the repeal of subsection (2) of that section and the substitution therefor of the following subsection :
"(2) A licensed stock broker. a licensed stock dealer: or a registered market intermediary may three months prior to the expiry of the licence or the registration as the case may be, make an application to the Commission in the prescribed form, together with the prescribed fee for a renewal of his licence or the registration as the case may be. "; and
(3) in subsection (3) of that section, by the repeal of all the words from" a renewal of a licence," to "as the case may be, " and the substitution of the following therefor :


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