Finance Business Act 2011 · As enacted · Part II · Directions, Rules and Requirements on Finance Companies
16. Rules
Official English translation. The Sinhala text prevails.
Official translationFrom Department of Government Printing, unchanged
The Board may make rules on any matter in respect of which rules are authorized to be made under this
Act, or which is stated or required to be prescribed.
In particular and without prejudice to the generality of the powers conferred by subsection (1), the Board may make rules in respect of all or any of the following matters:-
licensing of finance companies and the annual licence fees payable to the Board by finance companies;
the forms to be used under this Act;
the regulation or the prohibition of the issue by any finance company of any prospectus or advertisement relating to any aspect of finance business, and the conditions subject to which, any such prospectus or advertisement may be issued.
Every rule made by the Board under this Act shall be published in the Gazette.
Part III
Examinations and Supervisory Actions on Finance Companies
Part IV
Financial Statements and Audit of Finance Companies
Part V
Regulatory and Resolution Actions on Finance Companies
Part VI
Insurance of Deposits
Part VII
Action Against Persons Carrying on Finance Business or Accepting Deposits Without Authority
Part VIII
Offences and Penalties
Part IX