ECONOMYNEXT – Sri Lanka is earning new regulations and also revising aged legislation subsequent a in depth overview of previous working experience and classes realized, Treasury Secretary Mahinda Siriwardana has stated.
Most of these new rules concentration on structural variations of the existing govt and administrative buildings, Siriwardana was quoted as indicating in a speech to ministry officials on April 08.
The guidelines relevant to general public finance, procurement, community non-public partnerships, point out enterprises and also a law on the offshore financial state.
The pursuing new rules are staying built:
a. Public Economic Administration Invoice
b. Community Credit card debt Management Invoice
c. Economic Transformation Monthly bill
d. Management of Condition Owned Enterprises Law
e. General public Private Partnership (PPP) Legislation
f. Investment decision Regulation
g. General public Procurement Bill
h. Unified Labor Legislation Monthly bill
i. Food items Security Monthly bill
j. Public Asset Management Monthly bill
k. Microfinance and Credit rating Regulatory Authority Bill
l. Secured Transaction Invoice
m.Offshore Economic Management Invoice
n. New legislation for facilitating proposed agricultural land lease programme
Community Provider Work Invoice
o. Sri Lanka Accounting and Standard Monitoring Act
Alterations are prepared to the pursuing rules
a. Amendments to Agrarian Improvement Act
b. Amendments to Excise Ordinance
c. Amendments to Customs Ordinance
d. Amendments to Finance Act
e. Amendments to Overseas Exchange Act. Colombo/Apr15/2024)