Latest Amendments to the Partition Act
The Partition (Amendment) Act, No. 27 of 2024, introduces several key amendments to the Partition Law, No. 21 of 1977 of Sri Lanka. Here are the key amendments summarized: Download Amendment Act: http://www.documents.gov.lk/files/act/2024/5/27-2024_E.pdf
LankaLAW – First ever AI Assistant for Legal Research launched in Sri Lanka
COLOMBO, Sri Lanka – March 30, 2024 Chat2Find company engaged in conversational AI has officially announced the launch of LankaLAW an Artificially Intelligent (AI) powered Legal Assistant for Sri Lanka for Legal Research, Analysis and Advise. This is a part of Chat2Find initiative to release series of AI powered Assistants to Sri Lankan market as announced in…
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…
Download Essential Legal Resources Free
LankaLAW Online publications and free download library helps you maintain a legal chamber cost effectively with a eco friendly solution. You can now download essential legal materials and other resources for free. Join LankaLAW and start downloading content at your ease. Current legal resources include, Acts of Parliament, Legislative Enactments and Case Laws. More legal…
LankaLAW Forum : Sri Lanka’s #1 Discussion Platform for Legal Questions and Answers
LankaLaw Forum provide you an interactive platform to find instant answers for all your legal questions through live interaction with lawyers and industry professionals. Forum has dedicated special sections for key areas of law including Commercial Law, Property Law, Immigration Law, Family Law, Criminal Law (including Traffic Law), Consumer Law, Debt Recovery Law, Intellectual Property…
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…
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 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…
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