අන්තර්ගතයට යන්න

මෙම අතුරුමුහුණත යන්ත්‍රයෙන් පරිවර්තනය කර ඇත. නීති සහ අධිකරණ තීන්දු ඒවායේ මූලාශ්‍ර භාෂාවෙන් පෙන්වනු ලැබේ.

පනවන ලද පරිදි
පටුන

Part II · Markets and Market Institutions

30. Closure of the exchange in an emergency

නිල ඉංග්‍රීසි පරිවර්තනය. සිංහල පාඨය බලපවත්වයි. නිල Sinhala පාඨය විවෘත කරන්න, documents.gov.lk හි නිල PDF

(1)

The Commission may, after consultation with the exchange, direct the exchange to close its securities market for a period not exceeding five business days if the

Commission is of the opinion that an orderly and fair market for trading in securities on the securities market is being or is likely to be prevented because –

(a)

an emergency or natural disaster has occurred within Sri Lanka; or

(b)

there exists an economic or financial crisis or any other similar circumstance within or outside

Sri Lanka.

(2)

The Commission may extend the closure of the securities market under subsection (1) for any further periods, each not exceeding five business days at a time.

(3)

The Commission shall specify the grounds for the closure in the directive given under subsection (1) and the grounds for any extension of closure under subsection (2).

(4)

The Commission shall, as soon as may be practicable, give a copy of the directive under subsection (1) or extension under subsection (2) to the exchange and direct the exchange to do all that it is reasonably capable of doing to give effect to the directive under subsection (1) or extension under subsection (2) while the directive or extension remains in force.

(5)

Where the Commission exercises its power under this section it shall notify the Minister setting out the reasons for the exercise of the power under this section.

(6)

In this section –

“business day” means any day on which there is official trading on the exchange but for the closure;

“fair market” includes a market that reflects the forces of supply and demand.