Speaker Karu Jayasuriya said today, the Supreme Court has informed Parliament that the draft Foreign Exchange Bill was not inconsistent with the constitution.
Making the announcement, the Speaker observed that in Parliament that the Supreme Court conveyed to him that the bill could be presented in Parliament provided that minor errors contained there be rectified.
The Speaker also said that the government could present the bill to the House in the future dates after amendments accordingly.
A Special Determination petition challenging the bill titled “Foreign Exchange, 2017" was filed before the Supreme Court by MP Bandula Gunawardena on April 12.
The petition was filed by the MP, seeking a declaration that the bill shall become law only through a two-third majority in Parliament and the approval of the people at a referendum.
The petitioner stated that a bill titled “Foreign Exchange, 2017" was presented to the Parliament and placed on Order Paper of the Parliament on April 7.
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