The Speaker of Parliament announced today that the Second Reading of the Prevention of Money Laundering (Amendment) Bill has been passed.

The Second Reading of the bill was passed with a special majority.

The bill received 154 votes in favour, while only two votes were cast against. (Newswire)

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Sri Lanka’s Supreme Court has ruled that the Prevention of Money Laundering Amendment Bill may be passed by a simple majority in Parliament, except for certain clauses requiring a special majority.

Speaker Jagath Wickramaratne informed Parliament today (09) that the Court determined Clause 14, proposed Sections 12A and 12B, and Clause 18, proposed Sections 17A, 17B, and 17C, must be passed by a special majority. 

However, the Court further stated that these clauses could also be passed by a simple majority if amended as proposed.

The Prevention of Money Laundering Amendment Bill was challenged in the Supreme Court under Article 121(1) of the Constitution. (Newswire)

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