Fiscal Management (Responsibility) (Amendment) Act 2021

This Act may be cited as the Fiscal Management

(Responsibility) (Amendment) Act, No. 12 of 2021 and shall be deemed to have come into operation on January 1, 2021.

Section 3 of the Fiscal Management (Responsibility)

Act, No. 3 of 2003 is hereby amended as follows:-

in paragraph (e) of that section, by the substitution, for the words “ten per centum;” of the words “fifteen per centum;”; and

in paragraph (f) of that section, by the substitution, for the words and figures “January 1, 2020” of the words and figures “ January 1, 2030”.

In the event of any inconsistency between the Sinhala and Tamil texts of this Act, the Sinhala text shall prevail.