14.
| (1) The Commission shall exercise, perform and discharge its powers, functions and duties under this Act and any other industry Act reasonably with fairness, impartiality and independence and in a manner that is timely, transparent, objective and consistent with this Act and such other Act. |
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| (2) Without prejudice to the provision of subsection (1) the Commission shall exercise, perform and discharge the power, functions and duties conferred on or assigned to it by or under this Act and any other industry Act, in a manner which it considers is best calculated -
| | (a) to protect the interest of all consumers ; | | |
| | (b) to promote competition, | | |
| | (c) to promote efficient in both the operation of and capital investment in public utilities industries; | | |
| | (d) to promote an efficient allocation of resources in public utilities industries ; | | |
| | (e) to promote safety and service quality in public utilities industries ; | | |
| | (f) to benchmark, where feasible, the utilities services as against international standards ; and | | |
| | (g) to ensure that price controlled entities acting efficiently, do not find it unduly difficult in financing their public utilities industries. | | |
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Sri Lanka Consolidated Acts