The Hon. (Mrs.) A.M.M.M. Rathwaththe
Raised a supplementary question on a Mahaweli Authority land lease, stating that although court findings required rent based on current valuation, a circular-based method had reduced annual rent from about Rs. 10 million to around Rs. 550,000. She asked how the Department could act unilaterally in applying that method, given the resulting estimated annual loss of Rs. 9.495 million to the Government.
Verbatim record (translated)
Machine-translated from Sinhala / Tamil / English¶ 01 Hon. Deputy Minister, the remaining 360 acres granted within the initial 30 years should pay rent at current assessed rates, but the company defaulted; the Mahaweli Authority instituted action and took possession, and the company filed against the Authority, after which the Authority sought Attorney-General’s advice. The court determined rent should be per current valuation. Under the new term, annual rent would be Rs. 10 million on valuation; but under the circular method (adding 20% to the last year’s rent), Government now receives only about Rs. 550,000 per year, losing Rs. 9,495,000 annually. As a second supplementary: how can the Department act unilaterally like this?
Provenance
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- Hansard, Thursday, 19 June 2025 ·No. 1751430648025512 ·English daily/uncorrected Hansard
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Cite as: The Hon. (Mrs.) A.M.M.M. Rathwaththe. 10th Parliament, Parliament of Sri Lanka. Hansard, 19 June 2025. No. 1751430648025512. Politick, https://staging.politick.io/lk/speeches/27434