Supreme Court rules Economic Transformation Bill clauses need Constitutional review

Date:

July 02, Colombo (LNW): The Supreme Court has deemed several clauses of the Economic Transformation Bill as inconsistent with the nation’s Constitution, Speaker Mahinda Yapa Abeywardena told Parliament today (02).

Accordingly, these clauses necessitate a special majority in Parliament and, in certain instances, approval via a referendum to proceed.

The Speaker further disclosed that with amendments to these contentious clauses, they could potentially be passed with a simple majority in Parliament, based on the apex court’s determination.

Share post:

spot_imgspot_img

Popular

More like this
Related

Emergency IMF Loan Tests Sri Lanka’s Reform Credibility

Emergency IMF Loan Tests Sri Lanka’s Reform Credibility

A Test of Policy Credibility: Economics Behind Malwathu Oya Revival

A Test of Policy Credibility: Economics Behind Malwathu Oya Revival

Cost Pressures Reshape Sri Lanka’s IT-BPO Growth Model

Cost Pressures Reshape Sri Lanka’s IT-BPO Growth Model

Global Competition Pushes Sri Lanka Tech Sector to Rethink Rewards

Global Competition Pushes Sri Lanka Tech Sector to Rethink Rewards