Legal

Steam Iron

State officials are looking at ways to implement World Bank recommendations to improve the countrys financial accountability.The recommendations are part of …

Act Two

Work on drafting a fresh piece of legislation to replace the present Companies Act is due to get off the ground next week.The committee, which includes legal …

Pirates Ahoy

Parliament is expected to push through the long over due Intellectual Property Act by mid June.Parliament gave the Act a preliminary hearing on May 22 with …

Wider Definition

The countrys banking laws will be amended this year to regulate dozens of unlicensed deposit taking companies.Authorities are considering Amendments to the …

Making Of A King

Consumer protection has been a concern of every administration but analysts say that Sri Lankan consumers are far from being kings. A new Act is trying to put …

Gassed!

The Court of Appeal issued an interim order on Friday stating a Consumer Affairs Authority (CAA) direction allowing all LP Gas traders to refill and sell LPG …

Adding Muscle

Laws to give banks and finance companies more muscle to tackle bad debts have got regulatory approval and are now before the Legal Draftsmens Dept. Under the …

The Cabinets Axe

The Cabinet of Ministers rejected a decade old draft Companies Act over its departure from English Law principles.A Cabinet sub committee that had a look at …

Working Late

Cabinet cleared four amendments to the Shop and Office Act, supporting nighttime employment and an increase in workman compensation.If passed in Parliament in …

Act Two

The private sector is calling for amendments to the Consumer Affairs Authority Act that is due to come into force on April 1, saying it has too many holes.The …

Dud Ball

Professional service sectors are trying to drum up support to push for amendments that will re-define the scope of the new Consumer Affairs Authority Act. …

Please Reply

The Court of Appeal Thursday asked Central Bank to file objections on a case brought against them by Pramuka Banks Directors.The Central Bank last December …

Small Change

Compensation as an alternative to reinstatement was removed from the amendments, one of the few changes made to the original amendments to four labour related …

Labour Law

A blueprint for the proposed social security net for redundant workers is in its final stages, with International Labour Organisation (ILO) consultants to …

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