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As enacted
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Contents

Part VII · Licensing

20. Eligibility to apply for a licence

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

(1)

Any person shall be eligible to apply for the issue of a generation licence.

(2)

The following shall be eligible to apply for the issue of a distribution licence:-

(a)

a company incorporated under the Conversion of

Public Corporations or Government owned

Business Undertakings into Public Companies

Act, No.23 of 1987 or the Companies Act, No. 07

of 2007, as the case may be;

(b)

a society registered under the Co-operative

Societies Law No. 05 of 1972.

(3)

Only a limited company incorporated under the

Companies Act, No.07 of 2007 in which the Government of

Sri Lanka holds -

(a)

one hundred per centum of its shares shall be eligible to apply for the issue of the national system operator licence;

(b)

more than fifty per centum of its shares shall be eligible to apply for the issue of the national transmission network service provider licence.

(4)

All functions of the Ceylon Electricity Board, relating to –

(a)

the generation scheduling, commitment and economic dispatch of generating plants, planning for meeting future electricity demands, operation and maintenance of the System Control Centre, procurement of electricity in bulk form from the generation licensees and sale of such procured electricity in bulk form to the distribution licensees shall be vested, with effect from the appointed date in the National System Operator; and

(b)

the maintenance of the physical infrastructure that comprises the National Grid of Sri Lanka and for the transmission of electricity in bulk form to the distribution licensees shall be vested, with effect from the appointed date in the National

Transmission Network Service Provider subject to the provisions of subsection (2) of section 14.

(5)

Additional transmission licences may be granted to any person, which acquires subject to the limitation specified in paragraph (b) of subsection (4), the right to build a transmission asset pursuant to paragraph (c) of subsection (11) of section 10 and subsection (2) of section 14.

(6)

A person who holds more than fifteen per centum of shares of a single company, directly or indirectly, shall not be granted a combination of any two of the following licences: –

(a)

the national transmission network service provider licence and a generation licence;

(b)

the national transmission network service provider licence and a distribution licence;

(c)

the national transmission network service provider licence and national system operator licence;

(d)

the national system operator licence and a distribution licence;

(e)

the national system operator licence and a generation licence;

(f)

a generation licence and a distribution licence; or

(g)

more than one distribution licence.

Read on from s 21

Part VIII

Tariffs

Read on from Part VIII

Part IX

Wholesale Electricity Market

Read on from Part IX

Part X

Consumer Protection

Read on from Part X

Part XI

Finance

Read on from Part XI

Part XII

Miscellaneous

Read on from Part XII

Part XIII

General

Read on from Part XIII

Part XIV

Repeals and Transitional Provisions

Read on from Part XIV

Schedules