Sri Lanka Consolidated Acts

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Registered Stock And Securities (Amendment) Act (No. 32 of 1995) - Sect 14

Amendment of section 55 of the principal enactment

14. Section 55 of the principal enactment is hereby amended by renumbering paragraph(h) of subsection (2) as paragraph (m) of that subsection and the insertion immediately after paragraph (g) of that subsection of the following new paragraph:-
(h) the appointment of primary dealer and the conditions to be observed by, and the privileges of, and the duties to be performed by the primary dealers;
(i) the appointment of direct participant dealer direct participant and interdealer brokers, and their regulation, supervision or monitoring;
(j) the issue, holding and administration of scripless treasury bonds under this Ordinance ;
(k) the manner in which stock and securities, including scrip less treasury bonds, or interests therein, may be purchased, fold, transferred, pledged or encumbered ;
(l) the procedures and condition*; applicable to the primary issue of and subsequent transfers and other transactions relating to, stock and securities ; and ".


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