Sri Lanka Consolidated Acts

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Registered Stock And Securities (Amendment) Act (No. 3 of 1985) - Sect 2

Insertion of new section 30A in Chapter 420

2. The Registered Stock and Securities Ordinance is hereby amended by the insertion, immediately alter section 30 of the following new section which shall have effect as section 30A, of that Ordinance:-
30A. Where however moneys of any sinking fund are invested by the Joint Investment Fund (hereinafter referred to as the" Fund") all dividends, interest, bonus and other profits on such investment-
(a) whether already received or accruing to the Fund and constituting the surplus during the period January 1, 1984 to December 31, 1984, after all disbursements in settlement of the deposits of any sinking fund to redeem maturing debt have been made out of the Fund, and
(b) accruing to the Fund on or after January 1, 1985,

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