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srilawsby aturio
As enacted
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Part III · Issue of Securities

107. Lending and borrowing of securities without the consent of the client

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

A market intermediary shall not lend or arrange for lending of any securities carried for the account of any client without the client’s written consent or borrow or arrange to borrow, using the securities carried for the account of any client as collateral without the client’s written consent.

Read on from s 108

Part IV

Trade In Unlisted Securities

Read on from Part IV

Part V

Market Misconduct

Read on from Part V

Part VI

Finance

Read on from Part VI

Part VII

General

Read on from Part VII