ACT, No. 18 OF 2010

18of2010.pdf
NadunReplacecont

PARLIAMENT OF THE DEMOCRATIC
SOCIALIST REPUBLIC OF
SRI LANKA
PUBLIC ENTERPRISES REFORM
COMMISSION OF SRI LANKA (REPEAL)
ACT, NO. 18 OF 2010
[Certified on 07th December, 2010]
Printed on the Order of Government
Published as a Supplement to Part II of the Gazette of the Democratic
Socialist Republic of Sri Lanka of December 10, 2010
PRINTEDAT THE DEPARTMENTOFGOVERNMENT PRINTING, SRILANKA
TO BEPURCHASED AT THEGOVERNMENT PUBLICATIONSBUREAU, COLOMBO 5
Price : Rs. 2.00 Postage : Rs. 5.00

Public Enterprises Reform Commission 1
of Sri Lanka (Repeal) Act, No. 18 of 2010
[Certified on 07th December, 2010]
L.D.—O. 12/2010
AN ACT TO PROVIDE FOR THE REPEAL OF THE PUBLIC ENTERPRISES
REFORM COMMISSION OF SRI LANKA ACT, NO. 1 OF 1996; TO
MAKE PROVISION CONSEQUENTIAL TO THE REPEAL OF THE PUBLIC
ENTERPRISES REFORM COMMISSION OF SRI LANKA ACT, NO. 1 OF
1996; AND TO PROVIDE FOR MATTERS CONNECTED THEREWITH OR
INCIDENTAL THERETO.
BE it enacted by the Parliament of the Democratic Socialist
Republic of Sri Lanka as follows:—
1. This Act may be cited as the Public Enterprises Short title.
Reform Commission of Sri Lanka (Repeal) Act, No. 18 of
2010.
2. The Public Enterprises Reform Commission of Repeal of Act,
No. 1 of 1996.
Sri Lanka Act, No. 1 of 1996 shall be repealed with effect
from the date of the coming into operation of this Act.
3. Upon the repeal of the Public Enterprises Reform Transitional
provisions.
Commission of Sri Lanka Act, No. 1 of 1996, as provided for
in section 2 of this Act—
(a) all officers and employees of the Public Enterprises
Reform Commission of Sri Lanka holding office
on the day immediately preceding the date of repeal
shall, if the services of any such officer or employee
are deemed to be essential to the Public Enterprises
Department by the Secretary to the Treasury, be
recruited as officers and employees of the Public
Enterprises Department with the approval of the
Public Service Commission and such officers and
employees shall with effect from the date of repeal,
hold office in the Public Enterprises Department
on terms and conditions not less favourable to those
2 Public Enterprises Reform Commission
of Sri Lanka (Repeal) Act, No. 18 of 2010
enjoyed by them under the Public Enterprises
Reform Commission of Sri Lanka:
Provided however the terms and conditions
agreed to shall be personal to such officers and
employees;
(b) all contracts, deeds, bonds, agreements, guarantees,
powers of attorney, grants of legal representation
and other instruments of whatever nature of the
Public Enterprises Reform Commission of
Sri Lanka, subsisting or having effect on the day
immediately preceding the date of repeal and to
which the Commission is a party or which are in
favour of the Commission shall, be deemed with
effect from the date of repeal, to be contracts, deeds,
bonds, agreements, guarantees, powers of attorney,
grants of legal representation and other instruments
of whatever nature entered into by, or granted in
favour of, as the case may be, the Government of
Sri Lanka;
(c) all actions and proceedings of whatever nature
instituted by or against the Public Enterprises
Reform Commission of Sri Lanka and pending on
the day immediately preceding the date of repeal
shall be deemed as from the date of repeal, to be
actions and proceedings instituted by or against
the Government of Sri Lanka and may be continued
acordingly;
(d) all judgements, decrees or orders entered in favour
of, or against, the Public Enterprises Reform
Commission of Sri Lanka by any Court in any action
or proceeding subsisting on the day immediately
preceding the date of repeal shall with effect from
the date of repeal be deemed to be a judgement,
decree or order entered in favour of, or against, the
Government of Sri Lanka.
Public Enterprises Reform Commission 3
of Sri Lanka (Repeal) Act, No. 18 of 2010
4. All assets and liabilities of the Public Enterprises Vesting of Assets
Reform Commission subsisting on the day immediately and liabilities.
preceding the date of repeal shall, with effect from the date
of repeal, vest in the Government of Sri Lanka.
5. In the event of any inconsistency between the Sinhala Sinhala text to
and Tamil texts of this Act, the Sinhala text shall prevail. prevail in case
of inconsistency.
6. For the purposes of this Act, unless the context Interpretation.
otherwise requires—
“Public Enterprises Reform Commission of Sri Lanka”
means the Commission established by section 2 of
the Public Enterprises Reform Commission of
Sri Lanka Act, No. 1 of 1996.

4 Public Enterprises Reform Commission
of Sri Lanka (Repeal) Act, No. 18 of 2010
Annual subscription of English Bills and Acts of the Parliament Rs. 885 (Local), Rs. 1,180
(Foreign), Payable to the SUPERINTENDENT, GOVERNMENT PUBLICATIONS BUREAU, DEPARTMENT OF
GOVERNMENT INFORMATION, NO. 163, KIRULAPONA MAWATHA, POLHENGODA, COLOMBO 05 before 15th
December each year in respect of the year following.
NadunReplacecontEnd