This Act amends the Utility Regulatory Authority Act (No. 26 of 2020). Section 4 of the Act is amended. Further, Sections 6, 7, 8 and 13 of the Act are amended. The amendment is aimed to strengthen the administrative governance of the Utility Regulatory Authority. The amendments include, increase in the number of Board members and revising procedures for their appointment, eligibility criteria and terms of office. The Board of Directors, previously comprising of five members, will now comprise seven members, including the Chief Executive appointed by the President. The amendment also requires a legal professional to be appointed to the Board and establishes formal procedures for conducting Board meetings.
Maldivas · 2026-08-17