Skip to content
Contents

Part XI · Applicability of the Securities and Exchange Commission Act

56. Operation of stock exchange or market, within the Area of Authority of the Colombo Port City

Official English translation. The Sinhala text prevails. Open the official Sinhala text, official PDF on documents.gov.lk

(1)

Any stock exchange or market operated within the Area of Authority of the Colombo Port City shall regulate the listing and issue of securities in terms of the provisions of the Securities and Exchange Commission Act and regulations made under such Act.

(2)

For the purposes of this section, “securities” means debentures, stocks, shares, funds, bonds, derivatives including futures and options whatever the nature of the underlying asset relied on or notes issued or proposed to be issued, by any government or anybody, whether incorporate or unincorporated, including any rights, options or interests

(whether described as units or otherwise) therein or in respect thereof, or any other instruments commonly known as securities, but does not include bills of exchange or promissory notes or certificates of deposits issued by a bank.

Part XII

Estate Manager and Provision of General Services

Part XIII

International Commercial Dispute Resolution Centre

Part XIV

Priority in Hearing Legal Proceedings

Part XV

Interim Provisions and Investment Protection

Part XVI

Miscellaneous Provisions

Schedules