Skip to content
srilawsby aturio
As enacted
EnglishSinhala සිංහල, official PDF on documents.gov.lkTamil தமிழ், official PDF on documents.gov.lk
Contents

Part XI · Accounting and Reporting

54. Write offs and waive offs

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

(1)

Where any loss has been caused by delay, negligence, fault or fraud of an officer or officers, or from noncompliance with the provisions of this Act, regulations or directives issued under this Act, such loss shall be recovered from the officer or officers responsible.

(2)

Any claim for the write off of losses shall be considered by the Secretary to the Treasury subject to the relevant written laws and having regard to the prescribed limit of losses.

(3)

A waiver is an abandonment or cancellation of an amount of money due to the Government. Waivers other than those arising out of losses fall into following two distinct categories: -

(a)

certain statutes empower authorized officers to waive items of revenue or other dues to Government in the administration of such statutes. The officers so authorized may deal with the cancellation or wavier of Government dues without further authority;

(b)

(i)

where the collection of revenue is provided by statute, but no provision exists therein to waive or abandon a claim; and

(ii)

where the waiver of irrecoverable revenue or other

Government dues not falling within the provisions of paragraph (a) of this section and subparagraph (i) of this paragraph, authority of the Secretary to the Treasury shall be sought.

(4)

Details of actions, authority limits, timelines and guidance on investigation, reporting, recovery and write-off of a loss or damage shall be provided in the manner as may be prescribed.

Part XII

State Owned Enterprises

Read on from Part XII

Part XIII

Provincial Councils and Local Authorities

Read on from Part XIII

Part XIV

Cadre Management

Read on from Part XIV

Part XV

Offences and Penalties

Read on from Part XV

Part XVI

Miscellaneous Provisions

Read on from Part XVI

Part XVII

Repeals

Read on from Part XVII

Part XVIII

Interpretation

Read on from Part XVIII