The Hon. Harshana Nanayakkara, Attorney-at-Law
Moved approval of Regulation No. 08 under Section 8 of the Appropriation Act, No. 34 of 2023, on behalf of the Minister of Finance, Planning and Economic Development. The regulation amends specified limits for the Government Factory Warehouse Escrow Account of the Department of Government Factory, including removing the expenditure ceiling, reducing the minimum receipts limit, and increasing debit balance and liability limits, with validity up to 31 December 2024. Parliament agreed to the motion.
Verbatim record (translated)
Machine-translated from Sinhala / Tamil / English¶ 01 Madam Presiding Member, on behalf of the Minister of Finance, Planning and Economic Development, I move:
¶ 02 “That this Parliament resolves that the Regulation bearing No. 08 made by the Minister of Finance, Planning and Economic Development under powers vested in the Minister under Section 8 of the Appropriation Act, No. 34 of 2023 with the approval of the Government be approved by Parliament, as follows:
¶ 03 Regulation No. 08 under Section 8 of the Appropriation Act, No. 34 of 2023
¶ 04 I, Anura Kumara Dissanayake, Minister of Finance, Planning and Economic Development, in terms of the powers vested in me under Section 8 of the Appropriation Act, No. 34 of 2023, with the approval of the Government, hereby amend the specified limits relating to the activity under Item 31002 ‘Government Factory Warehouse Escrow Account — Department of Government Factory’ in the Third Schedule of the said Act, as follows:
¶ 05 Amendments: (i) Column II (Maximum limit of expenditure) — No maximum limit (ii) Column III (Minimum limit of receipts) reduced from Rs. 200,000,000 to Rs. 50,000,000 (iii) Column IV (Maximum limit of debit balances) increased from Rs. 40,000,000 to Rs. 80,000,000 (iv) Column V (Maximum limit of liabilities) increased from Rs. 50,000,000 to Rs. 60,000,000
¶ 06 (This Regulation shall be valid up to 31.12.2024.)
¶ 07 Anura Kumara Dissanayake, Minister of Finance, Planning and Economic Development 27.04.2025, Colombo 01. (Cabinet approval granted.)”
¶ 08 Question put, and agreed to.
Provenance
- Source
- Hansard, Thursday, 22 May 2025 ·No. 1750307293077610 ·English daily/uncorrected Hansard
- Page · column
- not yet extracted — page/column anchors are not in the current dataset; the source PDF is the citable location.
- Permalink
/lk/speeches/24632
Cite as: The Hon. Harshana Nanayakkara, Attorney-at-Law. 10th Parliament, Parliament of Sri Lanka. Hansard, 22 May 2025. No. 1750307293077610. Politick, https://staging.politick.io/lk/speeches/24632