42.
| (1) No bank shall be named as a company's bankers in any prospectus inviting persons to subscribe for shares in, or debentures of, the company unless that bank has given and has not, before delivery of a copy of the prospectus for registration, withdrawn its written consent to the inclusion in such prospectus of its names as such bankers : |
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| (2) No attorney at law shall be named as a company's lawyer in a prospectus inviting persons to subscribe for shares in, or debentures of, the company unless that attorney-at-law has given and has not, before delivery of a copy of the prospectus for registration, withdrawn his written consent to the inclusion in such prospectus of his name as such lawyer: |
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| (3) No auditor shall be named as a company's auditor in a prospectus, inviting persons to subscribe for shares in, or debentures of, the company unless that auditor has given and has not, before delivery of a copy of the prospectus for registration, withdrawn his written consent to the inclusion therein of his name as such auditor: |
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| (4) Where the name of any bank, attorney-at-law or auditor is included in any prospectus of a company in contravention of the provisions of this section, the company and every person who is knowingly a party to the issue thereof shall be guilty of an offence and shall be liable to a fine not exceeding five thousand rupees. |
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Sri Lanka Consolidated Acts