Category: Legal Queries
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…
Law relating to awarding damages for breach of contract in Sri lanka
In Sri Lanka, the awarding of damages for breach of contract is governed by the principles of contract law, which are largely based on English common law, as Sri Lanka’s legal system has been significantly influenced by its colonial history. However, specific statutes may also apply to certain types of contracts or industries. The general…
What are the documents to submit to get a stamp duty valuation
Based on the provided context, there is no explicit list of documents required to submit for a stamp duty valuation. However, the context does mention the process that occurs when an Assessor is of the opinion that an instrument liable to stamp duty has not been duly stamped. Here’s what can be inferred regarding the…
What are the acts and legislation relating to Civil Aviation
The context provided includes two specific pieces of legislation relating to civil aviation in Sri Lanka: These Acts are designed to ensure the safety, regularity, efficiency, and security of civil aviation in Sri Lanka, in line with international standards and practices. They also establish the legal framework for the Civil Aviation Authority of Sri Lanka’s…
What are the laws relating to cruelty of animals
Based on the context provided, the laws relating to cruelty to animals in Sri Lanka include: These laws and amendments are designed to protect animals from cruelty and to ensure their welfare in cases where offenses against them have been committed. They provide mechanisms for the care and custody of animals during legal proceedings and…
What is Prescription?
In the context provided, “prescription” refers to several legal concepts: In summary, “prescription” can refer to a legal mechanism for acquiring rights to property through possession over time, specific legislative acts that govern such mechanisms, or a written authorization for medication in a healthcare setting. The context provided focuses on the legal aspects of prescription…
Can foreign companies enter into a Shareholders Agreement in Sri Lanka
Based on the context provided, there is no specific mention of a “Shareholders Agreement” for foreign companies in Sri Lanka. However, there are several references to agreements and conditions under which foreign entities may operate within the country: These references suggest that foreign companies can enter into various types of agreements in Sri Lanka, including…
Draft me a Company Proxy
Based on the context provided, I can outline a general proxy form that aligns with the information from the Companies Act, No. 07 of 2007. Please note that this is a general template and should be adapted to meet the specific requirements of the company and the jurisdiction in which it operates. It is also…
What are the benefits given to employees under ETF EPF and gratuity act
The benefits provided to employees under the Employees Provident Fund (EPF), Employees Trust Fund (ETF), and the Payment of Gratuity Act are as follows: It is important to note that these benefits are subject to specific conditions and regulations as outlined in the respective Acts and amendments. Employees should refer to the latest legal texts…
What are the documents to submit to get a stamp duty valuation
Based on the provided context, there is no explicit list of documents required to submit for a stamp duty valuation. However, the context does mention the process that occurs when an Assessor is of the opinion that an instrument liable to stamp duty has not been duly stamped. Here’s what can be inferred regarding the…
Draft me a template for a deed of transfer to convey the rights of road reservation
Based on the context provided, I can draft a general template for a deed of transfer to convey the rights of road reservation. Please note that this template is a simplified version and should be reviewed and customized by a legal professional to ensure compliance with local laws and regulations. DEED OF TRANSFER OF ROAD…
What are the laws relating to agrarian services
The laws relating to agrarian services in the context provided are primarily centered around the Agrarian Development Act, No. 46 of 2011, and its amendments. Here are some key points from the documents mentioned in the context: These points summarize the laws and amendments related to agrarian services as per the documents provided in the…
Draft me a settlement in writing for a land
Based on the context provided, here is a template for a settlement agreement concerning a land dispute that adheres to the legal requirements specified in the documents: SETTLEMENT AGREEMENT This Settlement Agreement (“Agreement”) is made on this [Insert Date] by and between: [Party A Name], residing at [Party A Address] (hereinafter referred to as “Party…
What are the laws relating to pilgrimages
Based on the provided context, the laws relating to pilgrimages in Sri Lanka can be inferred from the following sources: To obtain the specific laws and regulations regarding pilgrimages, one would need to refer to the actual text of Chapter 362 and any relevant rules or regulations made under the Tourism Act. The context provided…
What are the latest amendments to the civil procedure code
The latest amendments to the Civil Procedure Code, as per the provided context, are: For the exact details of these amendments, one would typically refer to the official legal texts or databases that contain the full content of these amendments. If you require the specific changes made by these amendments, it is advisable to consult…