To Regularize & Legalize Previous Bond Sales New Laws to be Enacted

In reply to a question raised by joint opposition parliamentary group leader Dinesh Gunawardane, the Prime Minister said, that the Government will introduce new laws to make all previous bond sales legal and to govern sale of bonds and treasury bills in the future. Further he said,  this new legislation would include provisions to legalise the sale of bonds in the past. Legalising all past bond sales is necessary because problems may arise when it is time for buyers to redeem them. He revealed this in Parliament yesterday.