Approval has been granted to rename the Mahapola Scholarship scheme as the Lalith Athulathmudali Scholarship Fund.
The Ministerial Consultative Committee on Trade has granted approval to the Bill to amend the Mahapola Higher Education Scholarship Trust Fund Act, No. 66 of 1981.
The approval has been granted during a meeting of the Ministerial Consultative Committee on Trade chaired by Minister Bandula Gunawardana.
Accordingly, approval has been granted to rename the Mahapola Scholarship Fund as the Lalith Athulathmudali Scholarship Fund, the appointment of the Chairman of the Mahapola Trust Fund under the leadership of a retired Supreme Court Judge nominated by the President and handing the institution under the Public Property Act.
Accordingly, the Bill is due to be presented to Parliament at a future date.