Kapruka Fund Act 2005 · As enacted · Part V · General
31. Regulations
Official English translation. Where it differs from the Sinhala or Tamil text, the Act itself says which text prevails.
Official translationFrom Department of Government Printing, unchanged
The Minister may make regulations in respect of any matter in respect of which regulations are authorized by this Act to be made.
Without prejudice to the generality of the powers conferred by subsection (1) the Minster may make regulations in respect of all or any of the following maters:—
the administration of the affairs of the Fund and financial procedures;
the conditions for registration of societies;
the making of by-laws for registered societies and executive committee of such societies;
the cancellation of registration of kapruka societies;
the conduct of meetings of societies and its committees;
the arbitration procedure and appointment of arbitrators for settlement of disputes;
the liquidation procedure and powers of the liquidator;
all matters which are required by this Act to be prescribed.
Every regulation made by the Minister shall be published in the Gazette and shall come into operation on the date of such publication or on such later date as may be specified in such regulation.
Every regulation made by the Minister shall as soon as convenient after its publication in the Gazette, be brought before Parliament for approval. Any regulation which is not so approved shall be deemed to be rescinded as from the date of such disapproval without prejudice to anything previously done thereunder.
Notification of the date on which any regulation made by the Minister is deemed to be rescinded shall be published in the Gazette.