1. Short title and date of operation

Official English translation. Where it differs from the Sinhala or Tamil text, the Act itself says which text prevails.

(1)

This Act may be cited as the Public Debt

Management Act, No. 33 of 2024.

(2)

The provisions of this Act other than this section, shall come into operation on such date as the Minister may by Order published in the Gazette appoint (in this Act referred to as the “appointed date”).

(3)

The provisions of this section shall come into operation on the date on which the Bill becomes an Act of

Parliament.

(4)

The appointed date shall be a date not later than a period of six months from the date on which the provisions of this section come into operation.

Read on from s 2

Part I

Establishment of the Public Debt Management Office

Read on from Part I

Part II

Public Debt Coordinating Committee

Read on from Part II

Part III

Government Borrowing and Debt Management

Read on from Part III

Part IV

Government Loan Guarantees, Government On-Lending, Suppliers’ Credit Agreements and Finance Lease Agreements

Read on from Part IV

Part V

Records and Publication of Public Debt and Finance Arrangements

Read on from Part V

Part VI

Annual Reporting to Parliament

Read on from Part VI

Part VII

Borrowing and Issuance of Guarantees by State Owned Enterprises and Reporting by Provincial Councils, Local Authorities and State Owned Enterprises

Read on from Part VII

Part VIII

Offences and Penalties

Read on from Part VIII

Part IX

General

Read on from Part IX