The ‘sunset’ and ‘sunrise’ institutions will not operate for profit. The ‘sunrise’ institution will be a company limited by guarantee that charges fees, but re-invests any excess income over expenditure in the institution, including in the provision of scholarships based on financial need. SLIIT is an ideal partner in this effort, with two decades of experience in providing high-quality, not-for-profit higher education.Thus, the Government says this practical and equitable solution recognizes, addresses, and resolves the concerns expressed against SAITM, and is fully compliant with the Communiqué issued by the President on 29.10.2017.Additionally, the Neville Fernando Teaching Hospital will be transferred to the Ministry of Health, allowing the State medical sector to gain a Rs. 3.2 billion asset at no cost to the State. A new not-for-profit ‘sunset’ institution will absorb all students who were in the medical program of the SAITM campus in Malabe, as well its assets and liabilities, at which point SAITM will be abolished, the Government information department said today.Sudarshana Gunawardana, Director General of the Government information department said in a statement the 9-member committee appointed by President Maithripala Sirisena was tasked with implementing the steps outlined in the Presidential Communiqué of 29.10.2017. The solution has the unanimous approval of the 9-member Committee, which was Chaired by (Dr) Harsha de Silva, Deputy Minister of National Policies and Economic Affairs, and includes the Secretaries to the Ministries of Health, Nutrition and Indigenous Medicine, and of Higher Education and Highways; President of the SLMC; Chairman of the University Grants Commission; Vice Chancellors of the Universities of Colombo and Sri Jayewardenepura; and Medical Faculty Deans of the Universities of Colombo and Kelaniya. This Committee met thrice to debate and improve this solution, with the participation of the Association of Medical Specialists, Sri Lanka Medical Association, Government Medical Officers’ Association, Federation of Faculty Medical Teachers’ Association, Government Medical Students’ Parents’ Association, and SAITM Medical Students’ Parents’ Association, as observers. (Colombo Gazette) A new not-for-profit ‘sunset’ institution that will absorb all students who were in SAITM’s medical program, as well its assets and liabilities will be created, at which point SAITM will be abolished. The sunset institution will conclude operations when the last current batches of students graduate. No new students will be admitted to this entity. A new not-for-profit ‘sunrise’ institution will start accepting new students from 2019.On 30.12.2017, the Government signed a Memorandum of Understanding with SAITM and the Sri Lanka Institute of Information Technology (SLIIT). According to this MoU, with the abolition of SAITM, SLIIT, a leading non-state, not-for-profit degree awarding institute, will establish the new sunset and sunrise institutions, under the guidance of the Government that will take over ownership and management of SAITM’s assets, liabilities, staff and students. Subject to the approval of the Attorney General’s Department, this MoU will be converted into a legal agreement. The SLMC will grant fresh approval for the ‘sunrise’ institution upon its meeting Minimum Standards, through an institutional review and site visits as per their mandate and standard practice for this purpose. That SAITM’s profit motive will pervert the goal of creating good doctors.The Sri Lanka Medical Council (SLMC), which establishes and maintains national standards for the medical profession, proposed a thorough set of Minimum Standards for Medical Education and Training that was accepted by the Cabinet with minor amendments on 13.12.2017. This filled a major void in ensuring high standards of medical education.Medical education and training of the ‘sunset’ institution will be approved by the SLMC in accordance with the Minimum Standards. The SLMC will specify further measures (clinical training and assessment in state hospitals) necessary for students who have received degrees from SAITM, to meet these Standards and thereby gain Provisional Registration. This solution resolves both concerns raised by various groups. They are:That SAITM does not meet Sri Lanka’s high standards for medical education. Accordingly SAITM must be abolished in a manner legally acceptable to the current shareholders, lending institutions and the new entity interested in taking over all operations and management of SAITM must be looked into and steps must be taken to transfer all SAITM’s assets, liabilities, staff and students to a non-state, not-for-profit degree-awarding entity that complies with the Minimum Standards on Medical Education and Training. The legal process to carry this out will require the creation of two separate entities, both in compliance with the Minimum Standards, the Government said.