Category: New Bills
Local Authorities Elections (Special Provisions) Bill
Introduction The “Local Authorities Elections (Special Provisions) Bill” was introduced in the Parliament of the Democratic Socialist Republic of Sri Lanka on January 9, 2025. The primary purpose of this bill is to address procedural and administrative gaps arising from the postponement of local authority elections initially scheduled for March 9, 2023. It establishes provisions for…
New Bill for the Amendment of the Companies Act
New Bill for the Amendment of the Companies (Amendment) Act, No. 07 of 2007, presenting several key amendments. Below is an analysis and summary of the critical changes: Key Amendments: These amendments primarily aim to enhance transparency, accountability, and regulatory compliance, ensuring that the Companies Act is aligned with international standards and modern business practices.…
New Bill for Proceeds of Crime
New Bill to provide for the recovery of proceeds of crime; to provide for the investigation, restraint, forfeiture and disposal of proceeds of crime; to provide for the protection, preservation, management of restrained proceeds of crime; to establish the Proceeds of Crime Management Authority; to provide for inter-agency cooperation and international collaboration relating to the…
New Bill for the Reciprocal Recognition, Registration and Enforcement of Foreign Judgments
The Act aims to facilitate the reciprocal recognition, registration, and enforcement of foreign judgments in Sri Lanka. It repeals the Enforcement of Foreign Judgments Ordinance (Chapter 93) and the Reciprocal Enforcement of Judgments Ordinance (Chapter 94). Key Provisions Conclusion The Act provides a comprehensive framework for the recognition and enforcement of foreign judgments in Sri…
Salient points and impact of the Gender Equality Bill
The Gender Equality Bill, presented by the Minister of Women, Child Affairs, and Social Empowerment in Sri Lanka, aims to address systemic gender inequalities and promote gender equality across various sectors. Here are the salient points and potential impacts of the bill: Download Gender Equality Bill: http://documents.gov.lk/files/bill/2024/5/496-2024_E.pdf Salient Points of the Gender Equality Bill Impact…