The Buddhist and Pali University of Sri Lanka, established in terms of the Act of Parliament No.74 of 1981 of the Democratic Socialistic Republic of Sri Lanka was ceremonially opened on the 22nd day of April 1982.
The objectives of this university were the propagation of Buddhism, the development of Pali and Buddhist Studies in Sri Lanka and foreign countries and the provision of facilities for research in the relevant fields. The above-mentioned Act has been revised by the Buddhist and Pali University of Sri Lanka (Amendment) Act No. 37 of 1995. With the activation of the amendments, the affiliated institutions became defunct.