Ten years of trying and the biggest bargaining tool in the local economy saw the light of day at the Labour Ministry on Wednesday bearing the harmless title lquote The Labour Code of Sri Lanka.
The Labour Code of Sri Lanka brings together 26 of the most important labour legislation in Sri Lanka that directly influence the workings of the local economy through the countrys seven million working population.rn
rnSri Lanka has no shortage of labour regulations stemming from 40 sets of legislation since their first formulation in the mid 19-century. rn
rnThe problem is that some of these laws are over 50 years old and are, by now, a tangled web of amendments that contribute towards confusion rather than clarity when it comes to industrial labour negotiations.rn
rnThe country was also minus an official compilation of labour laws in their most up dated format endash a necessity in the settlement of increasing labour disputes and also as a negotiating tool between employers and employees.rn