SLTDA is the official government institution tasked with regularising the tourism industry in the country, while establishing, positioning, and developing Sri Lanka as a leading destination for international visitors. SLTDA is responsible for tapping into Sri Lanka's natural potential to expand and enhance its tourism offering while benefiting investors and supporting communities, in a sustainable manner.
The Tourism Act No 38 of 2005 came into effect in October 2007, replacing the Sri Lanka Tourist Board Act No 10 of 1966, which was in effect for the past 41 years. In terms of the provisions contained in the new act, the Tourism Development Fund was legally constituted, with 2 main sources, (1/3rd of the Airport Tax collections and 1% of the Turnover of all Sri Lanka Tourist Board registered establishments.) contributing finances to the fund.
The Act provided for the setting up of the Sri Lanka Tourism development Authority, thereby replacing the Sri Lanka Tourist Board. The Tourism Promotion Bureau was set up to manage Marketing and Promotion.
Tourism HRD functions and the Hotels School operations are currently undertaken by the Sri Lanka Institute of Tourism & Hotel Management. The Sri Lanka Convention Bureau was also restructured as a statutory body like other Institutions to be managed by an independent Board of Management.