30. Amendment of section 76J of the principal enactment

Official English translation. Where it differs from the Sinhala or Tamil text, the Act itself says which text prevails.

Section 76J of the principal enactment is hereby amended in subsection (1) of that subsection, as follows :—

(1)

by the insertion immediately after subclause (q)(ii)(b)(gg) thereof, of the following subclause :—

“(hh)

companies in each of which an individual or a company as the case may be, has either directly or indirectly a substantial interest or a significant management interest.”;

(2)

by the insertion, immediately after paragraph (t)

thereof, of the following paragraph :—

“(u)

the limit of foreign participation in the capital of a licensed specialised bank incorporated or established in Sri Lanka.”.

Read on from s 31