Sri Lanka Consolidated Acts Sri Lanka Consolidated ActsAN ACT TO PROVIDE FOR THE ESTALISHMENT OF THE SECURITIES COUNCIL FOR THE PURPOSE OF REGULATING THE SECURITIES MARKET IN SRI LANKA; TO GRANT LICENCES TO STOCK EXCHANGES, STOCK BROKERS AND STOCK DEALERS WHO ENGAGE IN THE BUSINESS OF TRADING IN SECURITIES; TO SET UP A COMPENSATION FUND, AND FOR MATTERS CONNECTED THEREWITH OR INCIDENTAL THERETO.