Sri Lanka Consolidated Acts

[Index] [Table] [Database Search] [Name Search] [Previous] [Next] [Help]

State Mortgage And Investment Bank Law (No. 13 of 1975) - Sect 75

Regulations made by the Minister

75.
(1) The Minister may make regulations to give effect to the principles and provisions of this Law.
(2) Every regulation made by the Minister shall be published in the Gazette and shall come into operation on such date as may be specified in the regulation or if no such date is so specified on the date of such publication.
(3) Every regulation made by the Minister shall be brought before the National State Assembly as soon as may be, after the publication thereof by a motion, that such regulation be approved.
(4) Any regulation which the National State Assembly refuses to approve shall be deemed to be rescinded, but without prejudice to the validity of anything previously done thereunder. The date on which the regulation shall be deemed to be rescinded shall be the date on which the National State Assembly refuses to approve the regulation.
(5) Notification of the date on which any regulation made by the Minister is deemed to be rescinded, shall be published in the Gazette.


[Index] [Table] [Database Search] [Name Search] [Previous] [Next] [Help]