The game is to be held without the participation of spectators, the Joint Match Organizing Committee said.
Teams, officials and umpires are to be isolated ahead of the match after undergoing PCR tests.
The annual encounter, known as the ‘Battle of the Blues’, was originally set to be played behind closed doors at the Sooriyawewa International Cricket Stadium in Hambantota from May 06 - 08.
However, it was continuously delayed in the wake of the COVID-19 pandemic situation.
Meanwhile, several other schools are looking into the possibility of holding their annual cricket encounters before the year's end, reports say.