17.
| (1) The Minister may make regulations for the purpose of giving full force and effect to the principles and provisions of this Law, and for all matters required by this Law to be prescribed. |
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| (2) Without prejudice to the generality of the powers conferred by subsection (1), the Minister may make regulations to the effect that such of the provisions of the Companies Ordinance as are specified therein shall not apply, or shall apply subject to such modifications or amendments as may be specified, to the company. |
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| (3) Every regulation made by the Minister under this Law shall come into force on the date of its publication in the Gazette. |
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| (4) Every regulation made by the Minister shall, as soon as convenient after its publication in the Gazette, be brought before the National State Assembly for approval. Any regulation which is not so approved shall be deemed to be rescinded as from the date of disapproval but without pre judice to anything previously done thereunder. |
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Sri Lanka Consolidated Acts