Consideration of Betting & Gaming Taxes Bill postponed



The first meeting of the Committee on Public Finance (COPF) for the fourth session of ninth Parliament was held recently (07) under the chairmanship of MP Dr. Harsha de Silva.

The Betting and Gaming Levy (Amendment) Bill was discussed at the meeting and the consideration of the bill was postponed for a week until a timeline for establishing a regulatory authority for casinos is worked out.

The chairman of the committee pointed out that the establishment of a regulatory authority regarding the casino business was previously discussed.

Accordingly, the Ministry of Finance has prepared a timeframe for this regulatory authority to get Cabinet approval by January 31, 2023.

However, since it has not been done, the committee mentioned that a new timeframe is needed and a period of one week will be given to prepare it for the Ministry of Finance.

Accordingly, it was decided to meet the COPF in a week to consider the Bill.

Also, the COPF approved the regulation under Appropriation Act No. 30 of 2021.

MPs Rauff Hakeem, Patali Champika Ranawaka, Mahindananda Aluthgamage, Duminda Dissanayake, Chandima Weerakkodi, Nimal Lanza, Sumith Udukumbura, Dr. Major Pradeep Undugoda, Kokila Gunawardena, Isuru Dodangoda, Sahan Pradeep Withana, Madhura Withanage and Prof. Ranjith Bandara participated in the meeting.


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