Skip to content
Contents

Part III · Issue of Securities

91. Prohibition against undue influence

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

(1)

A person shall not influence, coerce, mislead or authorise any person engaged in –

(a)

the preparation of the financial statements of a listed public company or any of its related companies; or

(b)

the performance of an audit of the financial statements of a listed public company or any of its related companies, to do anything which he knows or could reasonably have known may cause the financial statements or audited financial statements to be false or misleading in a material particular.

(2)

Any person who contravenes subsection (1) commits an offence.

CHAPTER 2

MARKET INTERMEDIARIES

Part IV

Trade In Unlisted Securities

Part V

Market Misconduct

Part VI

Finance

Part VII

General