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srilawsby aturio
As enacted
Contents

Part VII · Action Against Persons Carrying on Finance Business or Accepting Deposits Without Authority

50. Publication of advertisements soliciting deposits without authority is an offence

Official English translation. The Sinhala text prevails.

(1)

The Director may send a notice to any media institution requiring such institution to refrain from publishing advertisements soliciting deposits by a person specified in such notice.

(2)

Any person who contravenes the provisions of subsection (1) shall be guilty of an offence under this Act.

Part VIII

Offences and Penalties

Read on from Part VIII

Part IX

General

Read on from Part IX