Skip to content
As enacted
Contents

Part V · Market Misconduct

134. Information becoming generally available

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

(1)

In this Chapter, information generally available means information-

(a)

that has been published or made known in a manner that would or would tend to bring it to the attention of a reasonable person who invests or trades in securities of a kind whose price or value might be affected by such information; and

(b)

which since it was made known a reasonable period for it to be disseminated among such persons has lapsed.

(2)

The information referred to in subsection (1) includes information that consists of deductions or conclusions made or drawn from such information.