Regulations pertaining to Port City Economic Commission Act gazetted

 

A Gazette Extraordinary has been published specifying the regulations pertaining to the Colombo Port City Economic Commission. 

The regulations, issued by President Ranil Wickremesinghe in his capacity as the Minister of Finance, Economic Stabilization & National Policies, are made under Section 71(1) read with Section 27(1), 41(3)(f), 41)9) of the Colombo Port City Economic Commission Act, No. 11 of 2021. 

The second reading of the Colombo Port City Economic Commission Bill was passed in the parliament with majority votes in May 2021.