Progress of Enactment of Industry Legislation for Regulation of the Petroleum Industry
Progress of Enactment of Industry Legislation for Regulation of the Petroleum Industry

The Commission continued to advise and assist the Ministry of Petroleum Industries in consultation with the Legal Draftsman’s Department and the Attorney General’s Department towards finalizing the Petroleum Products (Special Provisions) (Amendment) Act and Ceylon Petroleum Corporation (Amendment) Act, which would empower the Commission to regulate the Petroleum Industry.

Both Acts have been redrafted by the Legal Draftsman’s Department in consultation with PUCSL and Ministry of Petroleum Industries. Clearance by the Attorney General is pending prior to presentation to the Cabinet of Ministers and thereafter, the parliament.