Category: Legal Queries
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Laws and Regulations applicable to Insurance Industry in Sri Lanka
The Regulation of Insurance Industry Act, No. 43 of 2000 is a key piece of legislation that governs the insurance industry in Sri Lanka. It has been amended several times to update and refine the regulatory framework for insurance companies operating within the country. Here are the details of the Act and its amendments based…
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How to register a foreign power of attorney
To register a foreign power of attorney in Sri Lanka, it is essential to understand the legal framework and requirements as outlined in the context provided. The process involves several key steps and considerations based on the Sri Lankan legal system, particularly focusing on the Powers of Attorney Ordinance No. 4 of 1902, as subsequently…
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Legal Questions answered Instantly
LankaLAW offers Free AI Legal Advisor ChatBot for Sri Lankan lawyers and legal professionals. Start LankaLAW Free: www.lankalaw.net Ask your Question Simply type your question into chat interface. You can ask any legal questions in relation to any specialised area of law in Sri Lanka. AI powered Answers LankaLAW respond to your queries and provides…
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What are the traffic offences?
The traffic offences mentioned in the provided context are as follows: These offences involve various penalties, including fines, confiscation, or forfeiture of vehicles.
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What are the charges and penalties for bribing a police officer?
The charges and penalties for bribing a police officer can vary depending on the jurisdiction. However, based on the context provided, under the Bribery Act mentioned in the Law Reports, offering a bribe to a police officer can be considered a serious offense. For instance, Section 19 of the Bribery Act penalizes a public servant…
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How to Stop Parate execution action by the banks?
To stop a parate execution by banks, one can take the following steps based on the applicable laws: The relevant laws that may apply in such cases include the Recovery of Loans by Banks (Special Provisions) Act No. 4 of 1990, the Mortgage Act No. 6 of 1949, and the Companies Act No. 17 of…
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What is a Crime?
A crime is an act or omission that constitutes an offense that may be prosecuted by the state and is punishable by law. Crimes are generally considered to be offenses against the state or the community, rather than just the individual victim. The specific nature and definitions of crimes can vary by jurisdiction but typically…