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Annual Report 2008 - Ministry of Finance and Planning

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4. Reform Initiatives<br />

178<br />

<strong>Finance</strong>/Revenue/Commercial Law Related Statutes (<strong>2008</strong>)<br />

National Thoroughfares Act No. 40 <strong>of</strong><br />

<strong>2008</strong><br />

Pradeshiya Sanwardana Bank Act No.<br />

41 <strong>of</strong> <strong>2008</strong><br />

Credit Information Bureau<br />

(Amendment) Act No.42 <strong>of</strong> <strong>2008</strong><br />

Appropriation Act No. 43 <strong>of</strong> <strong>2008</strong><br />

An Act to provide for the planning, designing, construction, development,<br />

maintenance <strong>and</strong> administration <strong>of</strong> an integrated public road network <strong>and</strong> to<br />

facilitate private sector investment/participation in such development activities,<br />

to make provision to enable Provincial Councils <strong>and</strong> local authorities to develop<br />

<strong>and</strong> maintain roads <strong>and</strong> to promote <strong>and</strong> facilitate community based organizations<br />

to engage in related development activities, to enable charging a fee on user fee<br />

national highways.<br />

An Act to provide for the establishment <strong>of</strong> a Pradeshiya Sanwardana Bank with a<br />

stronger financial st<strong>and</strong>ing, having amalgamated Regional Development Banks,<br />

to facilitate overall economic development <strong>of</strong> the country.<br />

An Act to enable the CRIB to exp<strong>and</strong> its services to other credit granting<br />

institutions such as insurance companies, utility service providers <strong>and</strong> state<br />

agencies, to empower the CRIB to collect information on returned cheques etc, to<br />

facilitate any person to obtain a self inquiry credit report from the CRIB enabling<br />

any incorrect information to be challenged.<br />

An Act on servicing financial year <strong>2008</strong>, to authorize the raising <strong>of</strong> loans in or<br />

outside Sri Lanka for the purpose <strong>of</strong> such servicing; to make financial provisions<br />

in respect <strong>of</strong> activities <strong>of</strong> the government, to enable payments by way <strong>of</strong> advances<br />

out <strong>of</strong> the Consolidated Fund or any other fund or monies <strong>of</strong> or at the disposal<br />

<strong>of</strong> the government, <strong>of</strong> monies required during the financial year for expenditure<br />

on such activities, to provide for the refund <strong>of</strong> such monies to the Consolidated<br />

Fund.<br />

<strong>Ministry</strong> <strong>of</strong> <strong>Finance</strong> <strong>and</strong> <strong>Planning</strong> Sri Lanka<br />

<strong>Annual</strong> <strong>Report</strong> <strong>2008</strong>

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