Sri Lanka Consolidated Acts

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Control Of Finance Companies Act (No. 27 of 1979) - Sect 18

The Board to make rules

18.
(1) The Board may make rules for the purpose of carrying out or giving effect to the principles and provisions of this Act.
(2) In particular and without prejudice to the generality of the powers conferred by subsection (1) the Board may make rules in respect of all or any of the following matters :
(a) the registration of Institutions and the fees payable to the Board for such registration ;
(b) the forms to be used under this Act;
(c) the regulation or prohibition of the issue by any Institution or any group or category of Institutions of any prospectus or advertisement soliciting the deposit of moneys from the public and the conditions subject to which such prospectus or advertisement may be issued.


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