Category: New Acts
The Economic Transformation Act, No. 45 of 2024
The Economic Transformation Act, No. 45 of 2024, outlines Sri Lanka’s national strategy for economic growth, investment attraction, and global trade integration. This Act addresses challenges in the evolving global economy, establishing new institutions and policies for a robust, competitive economy. Key elements include:
Sri Lanka Electricity Act, No. 36 of 2024
The Sri Lanka Electricity Act, No. 36 of 2024, introduces comprehensive reforms across the electricity sector aimed at restructuring management, operations, and policy to improve efficiency, encourage investment, and support renewable energy goals. In essence, this Act is designed to modernize the electricity sector, fostering a sustainable, competitive environment that attracts investment and meets Sri…
Institute of Chartered Shipbrokers of Sri Lanka incorporated by an Act of Parliament
Institute of Chartered Shipbrokers of Sri Lanka (Incorporation) Act, No. 34 of 2024, was certified on June 19, 2024, by the Parliament of the Democratic Socialist Republic of Sri Lanka. Here is a summary of its key contents: The Act aims to ensure the Institute operates transparently, professionally, and in alignment with national and international…
Electronic Transactions Act 2006
The Electronic Transactions Act, No. 19 of 2006, is a piece of legislation from Sri Lanka that provides the legal framework for electronic transactions, recognition of electronic contracts, matters related to the formation and validity of contracts, and other related matters in the digital environment. Here are some key points based on the context provided:…
What are the key aspects of the Online Safety Act?
The Online Safety Act, No. 9 of 2024, enacted by the Parliament of Sri Lanka, represents a significant legislative milestone in addressing the multifaceted challenges of online safety and cyber security. This act establishes a framework to mitigate risks associated with online communication, curb the misuse of digital platforms, and safeguard individual rights while promoting a…
Acts of Parliament (2007-2024)
LankaLAW provide legal resources required by lawyers and legal professionals for their day to day reference. Given below is the Acts passed by the Parliament of Sri Lanka since 2007.