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Part II · Finance

12. Rules

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

(1)

The Board may make rules for the purpose of giving effect to the principles and provisions of this Act.

(2)

Without prejudice to the generality of the powers conferred on it by subsection (1), the Board may make rules in respect of all or any of the following matters :—

(a)

the form and manner in which applications are to be made to the Centre, for the resolution of commercial disputes by mediation and conciliation ;

(b)

the procedure to be followed for the resolution of commercial disputes, by mediation and conciliation ;

(c)

the code of conduct for mediators appointed for the resolution of commercial disputes, by mediation and conciliation ;

(d)

fees payable in respect of proceedings for the resolution of commercial disputes by mediation and conciliation.

(3)

Norule made under this section shall have effect until it is approved by the Minister and notification of such approval is published in the Gazette.

Commercial Mediation Centre of Sri Lanka 7

Act, No. 44 of 2000

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