Sri Lanka Consolidated Acts

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Payment Devices Frauds Act (No. 30 of 2006) - Sect 30

Regulations

30.
(1) The Minister may make regulations for the purpose of carrying out or giving effect to the principles and provisions of this Act, and in respect of matters that are by this Act required or authorised to be prescribed.
(2) Every regulation made by the Minister shall be published in the Gazette and shall come into operation on the date of such publication, or on such later date as may be specified in such regulation.
(3) Every regulation made by the Minister shall, as soon as convenient after its publication in the Gazette, be brought before Parliament for approval. Any regulation which is not so approved, shall be deemed to be rescinded as from the date of such disapproval, but without prejudice to anything previously done thereunder.
(4) Notification of the date on which a regulation is deemed to be rescinded shall be published in the Gazette.


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