Civil Aviation Authority failed to remit Rs. 20,630 Mn to Treasury

The Parliamentary Committee on Public Enterprises (COPE) has been informed that Rs. 20,630 million collected during the period from 2018 to November 2023 by the Civil Aviation Authority of Sri Lanka has not been remitted to the Treasury.

During a meeting of the COPE in Parliament this week, the Committee Chair stated that, according to clauses 07 and 08 of Extraordinary Gazette No. 1550/7 dated 22nd May 2008, the Overseas Sales Surcharge (OSS) collected by the Civil Aviation Authority should be credited to the Consolidated Fund.

He further said that, however, since the inception of the Gazette notification, the Overseas Sales Surcharge has not been credited to the Consolidated Fund but has been identified as the income of the Authority and retained by it.

Furthermore, the COPE Chair said that the Audit disclosed that Rs. 90 million per month could be retained for Authority expenditure, and the balance should be remitted to the Treasury from this collected income in accordance with the Cabinet decision given in November 2023. However, he stated that the audit has revealed that the sum of Rs. 20,630 million collected during the period from 2018 to November 2023 has not been remitted to the Treasury.

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