Eran Wickramaratne MP for SJB today submitted a private members Bill in Parliament to amend the Declaration of Assets and Liabilities Law, No.1 of 1975 to make the provisions of the act to apply to the President as well. Accordingly, the President, Members of Parliament and other high-ranking Judicial, Public and Public Sector officials have to declare their Assets and Liabilities annually.
The existing Declaration of Assets and Liabilities Law No.1 of 1975 does
not warrant the President to declare his assets and liabilities.
Provisions will also be made under the proposed amendment to establish an electronic automated asset declaration system, enabling electronic submission of declarations of assets and liabilities.
The significant feature of this act shall be that all declarations of assets and liabilities shall have pubic access subject to redaction of specific information.The appropriate authority shall publish all such declarations on their respective official websites.
