Sitting of Friday, 22 August 2025
Source: Hansard PDF (parliament.lk) ↗ ·No. 1756894696039492 ·English daily/uncorrected Hansard
Order of business
Speeches load per item. Summaries shown here are AI-generated and labelled; verbatim text is on each speech page.
- 1 Opening Parliament Opening 1 speeches
- 2 Papers Papers Presented 6 speeches
- 3 Committee report Committee Report: Draft Budgetary Estimates for the National Audit Office 1 speeches
- 4 Petitions Petitions 7 speeches
- 5 Oral question Oral Questions and Answers (Q.846/2025, Q.1024/2025, Q.1068/2025, Q.1070/2025, Q.1073/2025, Q.1076/2025, Q.1092/2025) 35 speeches
- 6 Oral question Oral Questions (Second Round and Standing Order 27(2) Questions) 15 speeches
- 7 Procedural Ministerial Statement: Reviewal of Policies in the Leasing Sector 4 speeches
- The Hon. Speaker procedural
- The Hon. (Dr.) Anil Jayantha - Minister of Labour and Deputy Minister of Economic Development JJB
AI summary The Minister responded on behalf of the Finance Ministry to a question on leasing-sector borrower protections, stating that the Central Bank has not issued separate directions for involuntary defaulters but applies existing financial consumer protection regulations. He said repossession is governed mainly by lease agreements and the Finance Leasing Act, No. 56 of 2000, with institutions generally expected to negotiate and use repossession as a last resort. He noted that past relief measures, including moratoria during the Easter attacks, COVID-19 and the economic crisis, were provided for borrower hardship, and that borrowers may seek redress through Mediation Boards, the Financial Ombudsman, the Central Bank or courts. He added that the Central Bank may consider further policy refinements if systemic issues arise, while balancing borrower and depositor interests.
- The Hon. Ravi Karunanayake NDF
AI summary Ravi Karunanayake raised concerns about finance companies repossessing assets from borrowers who have paid most instalments but fall behind near the end of repayment periods. He urged the Central Bank of Sri Lanka to review repossession rules, timelines, and practices to ensure a more humane approach, particularly where a large portion of the facility has already been paid.
- The Hon. (Dr.) Anil Jayantha JJB
AI summary Hon. (Dr.) Anil Jayantha stated that the Government would consider both the facts provided in the Answer and relevant practical circumstances. He said the objective was to maintain a highly stable financial sector with reduced volatility and that the points raised would be taken into account.
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- 8 Procedural Procedural Matters and Sittings of Parliament 8 speeches
- 9 Adjournment Adjournment Motion: Human Rights Issues Faced by the Tamil Community in the North, East and Hill Country 81 speeches