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Contents

2. Application of this Act

Official English translation. The Sinhala text prevails. Open the official Sinhala text, official PDF on documents.gov.lk

This Act shall apply to the following entities: -

(a)

Ministries, Departments, District Secretariats of the Government, and Special Spending Units;

(b)

statutory funds and trusts to which public finance is allocated with the approval of the

Parliament;

(c)

State-owned enterprises;

(d)

Provincial Councils, Ministries, Departments, other institutions coming under the Provincial

Councils and local authorities; and

(e)

any other entity.

Part I

Establishment of the Public Debt Management Office

Part II

Public Debt Coordinating Committee

Part III

Government Borrowing and Debt Management

Part IV

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

Part V

Records and Publication of Public Debt and Finance Arrangements

Part VI

Annual Reporting to Parliament

Part VII

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

Part VIII

Offences and Penalties

Part IX

General