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Ronald Perera, PC, new Chairman of BOC

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Mr. Ronald. C. Perera, PC, has been appointed the new Chairman of the Bank of Ceylon, succeeding Mr. Kanchana Ratwatte, by President Ranil Wickremesinghe. This is the second time he has headed BOC where he was Chairman from Jan. 2025 to Nov. 2019.

Perera, a leading lawyer commanding a wide practice, is expected to continue as the Chairman of the Sri Lanka Insurance Corporation (SLIC) to which he was appointed last August by President Wickremesinghe. He is also the acting Chairman of the National Lotteries Board.

Perera who took silk as a President’s Counsel in 2012 is a son of Mr. EP Paul Perera, who served as a cabinet minister in the JR Jayewardene administration and also held other senior appointments following his retirement from the public service.

Perera has experience in Civil and Criminal litigation, negotiation and drafting of commercial contracts. He has specialised in Commercial Law, Banking Law, Industrial Law, Injunctions, Defamation, Election Petitions, Civil Appeals, Revision Applications, Writ Applications, and Fundamental Rights Cases.Additionally, he has appeared in several Commercial Arbitrations and has challenged the validity of several bills before the Supreme Court.Perera is an LLB graduate from the University of Colombo and holds an LLM in International Trade Law from Northumbria University. He is an alumnus of St. Joseph’s College, Colombo where he completed his primary and secondary education.



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M/s South Asian Technologies awarded contract to supply vehicle number plates

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The Cabinet of Ministers has approved the proposal presented by the Minister of Transport, Highways, and Urban Development to award the contract  for printing and supplying vehicle number plates for the Department of Motor Traffic for a period of five (5) years  to M/s South Asian Technologies  based on the recommendations of the High-Level Standing Procurement Committee and the Procurement Appeal Board.

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A new act for National Lotteries Board to be introduced

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The National Lotteries board has been established subject to the Finance Act No. 11 of 1963. Having identified the requirement of amending that act which was imposed around 62 years to cater the current requirements of the lottery market, the Cabinet of Mnisters at their meeting held on 14.02.2017 granted approval to draft a new bill for the purpose.

Accordingly, the National Lotteries Board has recognized further amendments to be performed to the fundamental draft bill prepared by the Legal Draftsmen.

Therefore, the Cabinet of Ministers granted approval for the
resolution furnished by the President in his office as the Minister of Finance, Planning and Economic Development to direct the Legal Draftsmen to finalize the formulation of the draft bill for the National Lotteries Board as soon as possible including the proposed new amendments as well.

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Motor Vehicles (Driving License Levy) Regulations No. 3 of 2022 to be amended

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The Werahara office of the Department of Motor Traffic performs issuance of temporary driving licenses in this country based on the driving licenses issued overseas, and measures have been initiated to render the service from a service window of the Department of Motor Traffic established at the Bandaranayake International Airport from 03.08.2025.

The fees charged for issuing temporary driving licenses have been published in Motor Vehicles (Driving License Levy) Regulations No. 3 of 2022 prepared under the provisions of the Motor Traffic (Authority 203) Act.

But, as the fee of Rupees 2,000/- charged for the service is not sufficient, the requirement of amending the regulations has been recognized.

The regulations for introducing the revised fees have been published in the government extraordinary gazette
notification No. 2463/04 dated 17.11.2025. Therefore, the Cabinet of Ministers granted approval to the resolution furnished by the Minister of Transport, Highways and Urban Development to
submit the regulations to the Parliament for its concurrence.

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