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Betting and Gaming Levy (Amendment) Bill postponed for one week
The Public Finance Committee chaired by Dr. Harsha de Silva has postponed the consideration of the Betting and Gaming Levy (Amendment) Bill for a week until a timeline for establishing a regulatory authority is worked out.
The decision was taken at the first meeting of the Committee on Public Finance under the chairmanship of Dr. de Silva.
The committee chairman said that the Ministry of Finance has prepared a time frame for this regulatory authority to get cabinet approval by January 31, 2023, however, it has not been done so far.
"The establishment of a regulatory authority regarding the casino business was previously discussed and accordingly, the Ministry of Finance has prepared a time frame for this regulatory authority to get cabinet approval by January 31, 2023," he said.
The Committee decided that a new time frame is needed and a period of one week will be given to prepare it for the Ministry of Finance.
Accordingly, it was decided to meet the Committee on Public Finance in a week to consider the Betting and Gaming Levy (Amendment) Bill.(Ajith Siriwardana and Yohan perera)
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