10th Parliament· 154 sittings on record · 30,475 speeches · latest 10 June 2026

Hon. (Dr.) Harini Amarasuriya - Prime Minister and Minister of Education, Higher Education and Vocational Education

Jathika Jana balawegaya· Colombo· 17 March 2026 ·Procedural: Bills Presented and Points of Order

Public Finance
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Several Government Bills were presented, including amendments to the Inland Revenue Act and the Social Security Contribution Levy Act, both scheduled for Second Reading on 7 April 2026 and referred to the Committee on Public Finance. A Rescue, Rehabilitation and Insolvency (Corporate and Personal) Bill was also introduced to reform insolvency law, provide mechanisms for rescuing and rehabilitating individuals and companies, repeal the Insolvency Ordinance, and amend related legislation including the Companies Act, Inland Revenue Act, and Mediation Boards Act.

Verbatim record (translated)

Machine-translated from Sinhala / Tamil / English

¶ 01 Inland Revenue (Amendment) Bill: “To amend the Inland Revenue Act, No. 24 of 2017.” To be read a Second time on Tuesday, 07 April 2026; to be printed; and referred to the Committee on Public Finance.

¶ 02 Social Security Contribution Levy (Amendment) Bill: “To amend the Social Security Contribution Levy Act, No. 25 of 2022.” To be read a Second time on Tuesday, 07 April 2026; to be printed; and referred to the Committee on Public Finance.

¶ 03 Rescue, Rehabilitation and Insolvency (Corporate and Personal) Bill: “A Bill to provide for the rescue and rehabilitation of individuals and companies; to amend and consolidate the law relating to insolvency of individuals and companies; to repeal the Insolvency Ordinance; to amend the Companies Act, No. 07 of 2007; the Inland Revenue Act, No. 24 of 2017; and the Mediation Boards Act, No. 72 of 1988; and for matters connected therewith or incidental thereto.”

Provenance

Source
Hansard, Tuesday, 17 March 2026 ·No. 23387 ·English daily/uncorrected Hansard
Page · column
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Cite as: Hon. (Dr.) Harini Amarasuriya - Prime Minister and Minister of Education, Higher Education and Vocational Education. 10th Parliament, Parliament of Sri Lanka. Hansard, 17 March 2026. No. 23387. Politick, https://staging.politick.io/lk/speeches/3035