Regulatory Alerts2025-01-01
Repeal of Securities and Exchange Commission of Sri Lanka Rules 2001
The Securities and Exchange Commission of Sri Lanka issued a notification in the Gazette Extraordinary dated June 11, 2025, to formally repeal the Securities and Exchange Commission of Sri Lanka Rules 2001. This legislative action removes the 2001 rules from force, marking a significant regulatory update for the country's securities framework. Despite the repeal, the notification ensures that all actions previously taken under the repealed rules remain valid and effectual to preserve existing rights and obligations.
w;s úfYI wxl 2440$14 - 2025 cqks ui 11 jeks nodod - 2025'06'11 No. 2440/14 - WEDNESDAY, JUNE 11, 2025 EXTRAORDINARY Y%S ,xld m%cd;dka;%sl iudcjd§ ckrcfha .eiÜ m;%h The Gazette of the Democratic Socialist Republic of Sri Lanka (Published by Authority) PART I : SECTION (I) — GENERAL Government Notifications 1A - PG 7147 - 06 (06/2025) This Gazette Extraordinary can be downloaded from www.documents.gov.lk IT is hereby notified that the Securities and Exchange Commission of Sri Lanka Rules 2001, published in Gazette Extraordinary No. 1215/2 dated 18th December 2001 are hereby repealed. Notwithstanding such repeal, all action taken under the provisions of the rules so repealed, shall continue to be valid and effectual in so far as is required for the purposes of discharging the rights and obligations contained therein. Snr. Prof. D. B. P. H. Dissabandara, Chairman, Securities and Exchange Commission of Sri Lanka. EOG 06 - 0103 PRINTED AT THE DEPARTMENT OF GOVERNMENT PRINTING, SRI LANKA.