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8 of 1964 on 12.03.1964 to place the post of Commissioner of Elections in the Constitution and to make financial provision to conduct elections. 29 of 1970 on 18.11.1970 to permit public officers (other than those in specified categories) to contest elections, and to make them eligible to be elected or nominated to the Senate.
The post of Financial Secretary came second in the order precedence after Colonial Secretary or Chief Secretary as the post was known. Following independence in 1947 and the official post of Secretary of Treasury, with appointment begin of grade of an Permanent Secretary and to the most senior member and head of the Ceylon Civil Service .
Financial regulation is a broad set of policies that apply to the financial sector in most jurisdictions, justified by two main features of finance: systemic risk, which implies that the failure of financial firms involves public interest considerations; and information asymmetry, which justifies curbs on freedom of contract in selected areas of financial services, particularly those that ...
The Government of Sri Lanka (GoSL) (Sinhala: ශ්රී ලංකා රජය, romanized: Śrī Laṅkā Rajaya; Tamil: இலங்கை அரசாங்கம், romanized: Ilaṇkai Aracāṅkam) is a Semi-presidential republic determined by the Sri Lankan Constitution.
8 of 1964 on 12.03.1964 to place the post of Commissioner of Elections in the Constitution and to make financial provision to conduct elections. 29 of 1970 on 18.11.1970 to permit public officers (other than those in specified categories) to contest elections, and to make them eligible to be elected or nominated to the Senate.
There were two types of practitioners; Advocates and Proctors based on English law, while since the implementation of the Justice Law No. 44 of 1973, there are only one type of legal practitioners authorized to represent others in all court of law in the island and are also authorized to give advice regarding any matter of law, known as Attorneys at law.
These institutions can accept deposits from the public. The number of licensed specialized banks reduced from 14 to 9 and the number of registered financial institutions increased from 31 to 36 during the period of 2007 to 2010. [6] [7] The current list of banks in Sri Lanka is published by Central Bank of Sri Lanka periodically.
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