Exchange Control (Amendment) Law

Exchange Control (Amendment) Law


A LAW TO AMEND EXCHANGE CONTROL ACT.

BE It enacted by the National State Assembly of the Republic of Sri Lanka as follows: –
Short title.
1. This Law may be cited as the Exchange Control (Amendment) Law, No. 4 of 1977.
Amendment of section 30B of Chapter 423.
2. The Exchange Control Act, as amended by Law No. 14 of 1972, Is hereby further amended in section 30B thereof, as follows: –

(1) in subsection (2) of that section, by the omission of the words ” of the administrative district in which such person is in custody ”; and
(2) by the substitution, in subsections (5) and (6) of that section, for the words ” the Secretary to the Ministry of Justice ” wherever these words occur in those subsections, of the words ” the Secretary to the Ministry of Defence and Foreign Affairs ”.