Sri Lanka Consolidated Acts

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Prevention Of Money Laundering Act (No. 5 of 2006) - Sect 33

Regulations

33.
(1) The Minister may make regulations under this Act for any matter authorized or required to be made under this Act, or for the purpose of carrying out or giving effect to the principles and provisions of this Act.
(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 the regulation.
(3) Every regulation made by the Minister shall as soon as convenient after its publication in the Gazette be brought before Parliament for its approval. Any regulation which is not so approved shall be deemed to be rescinded as from the date of disapproval but without prejudice to anything previously done thereunder.
(4) Notification of the date on which a regulation is deemed to be rescinded shall be published in the Gazette.


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