News
Two redundant departments liquidated
The Ministry of Finance, Economic Stabilization & National Policies has issued a Gazette Extraordinary announcing the closure and liquidation of two government departments.According to the Gazette, the Internal Trade Department and the Department of Telecommunications are the two entities being liquidated.
The Internal Trade Department was initially established under the provisions of the Consumer Protection Act (No. 01 of 1979). However, with the enactment of the Consumer Affairs Authority Act, No. 9 of 2003 and the establishment of the Consumer Affairs Authority, the Internal Trade Department became redundant and has now been liquidated.
Similarly, the Telecommunication Department has undergone a transformation. It has been converted into a corporation through an incorporation order issued under Section 02 of the State Industrial Corporation Act, No. 49 of 1957. This conversion took place on February 6, 1990, as published in the Extraordinary Gazette No. 596/11. (SI)