Sri Lanka Electricity Act 2009 · As enacted · Part I · Licensing
19. Assignment of licences
Official English translation. The Sinhala text prevails.
Official translationFrom Department of Government Printing, unchanged
A licence shall be capable of being assigned either in whole or in part, if it includes a condition authorizing such assignment.
A licence shall not be capable of being assigned except with the consent of the Commission and of the Minister.
In deciding whether to give its consent under subsection (2), the Commission shall apply the same criteria as it would apply if it were deciding whether to grant a corresponding licence or part of a corresponding licence to the assignee.
A consent under subsection (3) may be given subject to the assignee agreeing to -
such modification of the conditions of the licence or the imposition of such further conditions as the
Commission and the Minister consider necessary, for the purpose of protecting the interests of consumers; and
such incidental or consequential modification of conditions as the Commission and the Minister consider necessary.
A licence may include conditions authorizing assignment, subject to compliance by the assignee of certain specified conditions.
An assignment or purported assignment of a licence shall be void—
if the licence is not capable of assignment;
if the assignment or purported assignment is in breach of a condition of the licence; or
if there has been before the assignment or purported assignment, a contravention of a condition subject to which consent was given under subsection (2).
The Minister shall in exercising his powers under subsections (2) and (4) of this section, act in accordance with such criteria as shall be prescribed for each such purpose.
Part II
Powers and Duties of Licensees
Part III