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srilawsby aturio
As enacted
Contents

Part III · Issue of Securities

93. Requirement to be licensed with the Commission

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

(1)

Any person who carries on business as a market intermediary shall hold a licence issued for that purpose by the Commission.

(2)

Any person who contravenes subsection (1) commits an offence and shall on conviction after summary trial by a

Magistrate be liable to a fine not exceeding twenty five million rupees or to imprisonment for a term not exceeding five years or to both such fine and imprisonment.

Read on from s 94

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