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7. Amendment of section 14 of the principal enactment

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

Section 14 of the principal enactment is hereby amended in subsection (1) of that section, as follows:—

(1)

in paragraph (h) thereof, by the substitution for the words “section 13; and”, of the words “section 13;”;

(2)

in paragraph (i) thereof, by the substitution for the words “three years.”, of the words “three years; and”;

and

(3)

by the addition immediately after paragraph (i)

thereof, of the following new paragraph:—

“(j)

such other documents and information as may be determined by the Board.”.

Act, No. 3 of 2011

“No person be appointed a director of an insurer or continue as a director in certain circumstances.