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Speaker endorses certificate on Electricity Bill
Speaker Mahinda Yapa Abeywardena has endorsed the certificate on the Electricity (Amendment) Bill, which was passed in Parliament last week. Communications Department of Parliament said.
This Act qualifies a person to apply for a power generation license to generate electricity.
The amendment would remove the previously imposed restrictions on a person applying for a power generation license with a capacity of more than 25 megawatts and above, and would allow anyone to apply for it without any restrictions on their generation capacity.
Accordingly, the Electricity (Amendment) Act of Sri Lanka will be incorporated into the legal system of Sri Lanka from today (15) as Act No. 16 of 2022.
Speaker Mahinda Yapa Abeywardena endorsed his certificate on the Securities and Exchange Commission of Sri Lanka Bill yesterday.
The Bill was presented by the Minister of Finance in Parliament on July 9th which was published in the Gazette on June 28th this year. Accordingly, the Securities and Exchange Commission Act No. 19 of 2021 will come into force from September 21.
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