30.
| (1) The Cabinet of Ministers shall in consultation with the Minister in charge of a public utilities industry, formulate where it sees fit, general policy guidelines and issue such guidelines to the Commission through the Minister-
| | (a) on any matter identified in or under such industry Act for which general policy guidelines may be made ; | | |
| | (b) on the need for the supply of public utility services under such industry Act in order to attain national targets for sustainable economic growth in respect of, among other things-
| | | (i) different geographical areas encompassing rural areas ; and |
| (ii) different socio-economic groups ; |
|
| | (c) on measures taken by the Government to facilitate the needs identified under paragraph (b) ; | | |
| | (d) on setting down the priorities and attaining the objectives specified in paragraphs (a), (b) and (c) . | | |
|
|
| (2) Where any general policy guideline issued under subsection (1) results in the need for a regulated entity to subsidize the provision of any service of a public utilities industry to any socio-economic group or to a geographical area, the Commission shall, in implementing the policy guidelines, ensure that-
| | (a) the government compensates such regulated entity for all loss and expenses caused to that regulated entity by reason of its compliance ; and | | |
| | (b) adequate financial provision is made by the Government before such regulated entity undertakes any necessary activities. | | |
|
|
| (3) The Minister shall-
| | (a) within three months of the end of each calendar year submit a report to parliament setting out the action he or she has taken in respect of implementing the policy guidelines during the said calendar year ; and | | |
| | (b) prior to issuing the general policy guidelines under subsection (1), lay such policy guidelines before parliament for information. | | |
|
|
|
Sri Lanka Consolidated Acts