🏛️ Cabinet Approves Amendments to 54-Year-Old Co-operative Employees Commission Act

The Government has approved a proposal to amend the Co-operative Employees Commission Act No. 12 of 1972 to align with evolving socio-economic conditions and updated public policy on co-operative operations. • Legal Process: The Legal Draftsman has been instructed to draft an amending Bill based on a preliminary proposal submitted by the Co-operative Employees Commission. • Stakeholder Input: The draft incorporates feedback from co-operative societies, board members, employees, and relevant industry stakeholders. • Governance: The cabinet proposal was presented by the Minister of Trade, Commerce, Food Security and Co-operative Development, as announced by Cabinet Spokesperson Dr. Nalinda Jayatissa.