The Hon. (Dr.) Harini Amarasuriya
Moved the approval of several finance-related regulations, orders and notifications made by the Minister of Finance, Planning and Economic Development, including measures under the Finance Act, Inland Revenue Act, Regulation of Insurance Industry Act, Imports and Exports (Control) Act, Excise Ordinance, Excise (Special Provisions) Act, and Special Commodity Levy Act. The motions included approval of a protocol amending Sri Lanka’s double taxation agreement with India and several Gazette-published instruments from late 2024 and early 2025, all of which had Cabinet approval and were agreed to by Parliament. A motion was also initiated concerning the 2021 Annual Report of the Rajarata University of Sri Lanka.
Verbatim record (translated)
Machine-translated from Sinhala / Tamil / English¶ 01 Finance Act: Regulation
¶ 02 Hon. Speaker, I move that the Regulation made by the Minister of Finance, Planning and Economic Development under Section 12 of the Finance Act, No. 12 of 2013, to be read with the provisions of the Finance Act, No. 12 of 2012, published in Gazette Extraordinary No. 2411/56 of 22.11.2024 and presented on 14.02.2025, be approved. (Cabinet approval signified.)
¶ 03 Question put, and agreed to.
¶ 04 Inland Revenue Act: Resolution
¶ 05 Hon. Speaker, I move that this Parliament resolves to approve the Protocol, presented on 20.02.2025, amending the Agreement between the Government of the Democratic Socialist Republic of Sri Lanka and the Government of the Republic of India for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, which Agreement was approved by Parliament on 26.07.2013 and published in Gazette Extraordinary No. 1828/9 of 17.09.2013. (Cabinet approval signified.)
¶ 06 Question put, and agreed to.
¶ 07 Regulation of Insurance Industry Act: Regulations
¶ 08 Hon. Speaker, I move that the Regulations made by the Minister of Finance, Planning and Economic Development under Section 112 read with Section 16 of the Regulation of Insurance Industry Act, No. 43 of 2000, published in Gazette Extraordinary No. 2415/79 of 22.12.2024 and presented on 22.02.2025, be approved. (Cabinet approval signified.)
¶ 09 Question put, and agreed to.
¶ 10 Imports and Exports (Control) Act: Regulations
¶ 11 Hon. Speaker, I move that the Regulations made by the Minister of Finance, Planning and Economic Development under Section 20 read with Sections 4(1) and 14 of the Imports and Exports (Control) Act, No. 1 of 1969, as amended by Acts Nos. 48 of 1985 and 28 of 1987, published in Gazette Extraordinary No. 2421/04 of 27.01.2025 and presented on 25.02.2025, be approved. (Cabinet approval signified.)
¶ 12 Question put, and agreed to.
¶ 13 Hon. Speaker, I move that the Regulations made by the Minister of Finance, Planning and Economic Development under Section 20 read with Sections 4(1) and 14 of the Imports and Exports (Control) Act, No. 1 of 1969, as amended by Acts Nos. 48 of 1985 and 28 of 1987, published in Gazette Extraordinary No. 2421/44 of 31.01.2025 and presented on 25.02.2025, be approved. (Cabinet approval signified.)
¶ 14 Question put, and agreed to.
¶ 15 Excise Ordinance: Notification
¶ 16 Hon. Speaker, I move that the Notification made by the Minister of Finance, Planning and Economic Development under Section 22 of the Excise Ordinance (Chapter 52), relating to excise duty on intoxicating liquor, published in Gazette Extraordinary No. 2418/42 of 10.01.2025 and presented on 27.02.2025, be approved. (Excise Notification No. 01/2025) (Cabinet approval signified.)
¶ 17 Question put, and agreed to.
¶ 18 Excise (Special Provisions) Act: Order
¶ 19 Hon. Speaker, I move that the Order made by the Minister of Finance, Planning and Economic Development under Section 3 of the Excise (Special Provisions) Act, No. 13 of 1989, published in Gazette Extraordinary No. 2418/43 of 10.01.2025 and presented on 27.02.2025, be approved. (Cabinet approval signified.)
¶ 20 Question put, and agreed to.
¶ 21 Special Commodity Levy Act: Order
¶ 22 Hon. Speaker, I move that the Order made by the Minister of Finance, Planning and Economic Development under Sections 2 and 5 of the Special Commodity Levy Act, No. 48 of 2007, published in Gazette Extraordinary No. 2417/20 of 31.12.2024 and presented on 06.03.2025, be approved. (Cabinet approval signified.)
¶ 23 Question put, and agreed to.
¶ 24 Hon. Speaker, I move that the Order made by the Minister of Finance, Planning and Economic Development under Section 5 of the Special Commodity Levy Act, No. 48 of 2007, published in Gazette Extraordinary No. 2421/03 of 27.01.2025 and presented on 06.03.2025, be approved. (Cabinet approval signified.)
¶ 25 Question put, and agreed to.
¶ 26 Rajarata University of Sri Lanka: Annual Report (2021)
¶ 27 Hon. Speaker, I move that the Annual Report for the year 2021 of the Rajarata University of Sri Lanka, prepared as at 31.12.2021 including the Auditor General’s observations, presented on 05.07.2023, be approved under Section 110 of the Universities Act, No. 16 of 1978. (Considered by the Sectoral Oversight Committee on Education on 24.08.2023; Committee Report presented to Parliament on 21.09.2023.)
¶ 28 Question put, and agreed to.
Provenance
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- Hansard, Thursday, 20 March 2025 ·No. 1746596381071973 ·English daily/uncorrected Hansard
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Cite as: The Hon. (Dr.) Harini Amarasuriya. 10th Parliament, Parliament of Sri Lanka. Hansard, 20 March 2025. No. 1746596381071973. Politick, https://staging.politick.io/lk/speeches/24113