header logo
Asia asset finance
Latest
Cabinet gives green light to gazette draft bill to amend Presidents Entitlements Act
Jul 22, 202512:17 PM
Cabinet gives green light to gazette draft bill to amend Presidents Entitlements Act

The Cabinet of Minister has granted approval to the proposal to gazette and present in Parliament the draft bill formulated to amend the Presidents Entitlements Act (No. 4 of 1986) and reduce special privileges extended to former Presidents, their families, and retired Members of Parliament.

 

Last month, the Cabinet granted approval to draft legislation aimed at repealing the Presidents’ Entitlements Act No. 4 of 1986 and the Parliamentary Pensions Law No. 1 of 1977, effectively ending special privileges extended to former Presidents and former MPs.

 

In line with the government’s policy declaration “Pohosath Ratak – Lassana Jeewithayak” (A Wealthy Country – A Beautiful Life), the public endorsed the government’s mandate to revoke the special benefits accorded to former Presidents and their families, as well as to abolish the pensions granted to Members of Parliament after serving a five-year term, according to the statement issued by the Department of Government Information.

 

Accordingly, the Cabinet approved the proposal submitted by the Minister of Justice and National Integration to instruct the Legal Draftsman to prepare two draft bills to enable this legislative reform.

 

The Legal Draftsman has now completed the drafting of the bill of Presidents Entitlements (Repeal) Act and the clearance from the Attorney General has also been given.

 

 

 

MostRead
Mobitel 5g
VideoStories
Cabinet Spokesman rejects accusations, says Suresh Sallay treated like any other detainee (English)

Cabinet Spokesman rejects accusations, says Suresh Sallay treated like any other detainee (English)

Minister claims funds transferred to foreign companies via ‘TT’ payment method, posing as importers

Minister claims funds transferred to foreign companies via ‘TT’ payment method, posing as importers

Suresh Sallay continues hunger strike; UNP calls for parliamentary review of treatment (English)

Suresh Sallay continues hunger strike; UNP calls for parliamentary review of treatment (English)

“Executive undermining judicial independence” Sajith says public trust on government is eroding

“Executive undermining judicial independence” Sajith says public trust on government is eroding

“Family & legal intervention made hospitalization possible”Suresh Sallay remains under hospital care

“Family & legal intervention made hospitalization possible”Suresh Sallay remains under hospital care

Satyagraha campaigned launched at Colombo Fort in support of Suresh Sallay who is detrained by CID

Satyagraha campaigned launched at Colombo Fort in support of Suresh Sallay who is detrained by CID

Farmers decry lack of fertilizer stocks; Fertilizer for Yala season already disbursed, Minister says

Farmers decry lack of fertilizer stocks; Fertilizer for Yala season already disbursed, Minister says

First graduation ceremony of Mogo Media Academy held in Colombo; 115 students awarded certificates

First graduation ceremony of Mogo Media Academy held in Colombo; 115 students awarded certificates

“Global & domestic pressure may challenge future stability" Steps announced to tackle rising risks

“Global & domestic pressure may challenge future stability" Steps announced to tackle rising risks

Former MP Udaya Gammanpila claims Suresh Sallay on hunger strike in CID custody

Former MP Udaya Gammanpila claims Suresh Sallay on hunger strike in CID custody

Govt assures fair paddy prices aligned with farmers' production costs

Govt assures fair paddy prices aligned with farmers' production costs

Schools must serve as safe and secure spaces for children -PM Harini Amarasuriya

Schools must serve as safe and secure spaces for children -PM Harini Amarasuriya

Sri Lanka's dengue cases cross 35,000 with 19 deaths reported so far this year

Sri Lanka's dengue cases cross 35,000 with 19 deaths reported so far this year

Sri Lanka marks World Environment Day 2026 under Presidential patronage

Sri Lanka marks World Environment Day 2026 under Presidential patronage

Govt is misusing PTA in an unprecedented manner, Dilith Jayaweera says

Govt is misusing PTA in an unprecedented manner, Dilith Jayaweera says

Lassana Flora