Sri Lanka’s new Securities and Exchange Commission (SEC) Act was passed without a vote in Parliament today (Tuesday).
In addition the Tax Amnesty Bill was also passed with a 134/44 vote.
The SEC Act is aimed at plugging loopholes in current legislation to deter irregular and illegal trading in the stock market while also encouraging the growth of the market. (DEC)
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The National Water Supply and Drainage Board (NWSDB) warned that water supply restrictions would be imposed from 8.00pm today in Colombo District from today onwards
The meteorology department issuing a warm weather advisory for today that the temperature felt on human body is likely to increase up to ‘Caution level’ at some places in Western, Sabaragamuwa, Southern, North-western, Northern and North central provinces and in Monaragala district.

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