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A woman, a dog, and a walnut tree, the more you beat ’em, the better they be’ - The Sri Lankan legal framework for prevention of domestic violence and abuse, a crisis in the age of the pandemic: The United Nations provides that - ‘Domestic abuse or "domestic violence&
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<p>The following measures have been announced by the Government as at 01.07.2021.</p> Banking and Finance: The Monetary Board of the Central Bank of Sri Lanka [CBSL] by Circular No.4/2020 dated 24.03.2020 has directed Financial Institutions (i.e. Licensed
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Rules Governing Virtual Hearings The Court of Appeal (Electronic filing and urgent digital virtual hearings) (Special Provisions) Rules, 2021 was published in the Extraordinary Gazette 2216/08 dated 23rd February 2021. The Rules empower the Court of Appeal to hold digital virtual hearings as an interim measure to address difficulties
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D. L. & F. De Saram is proud to announce the publishing of its Construction and projects in Sri Lanka: an overview in collaboration with Thomson Reuters Practical Law. The Q&A is part of the global guide to construction and projects. Areas covered include trends and significant deals,
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The Colombo Port City Economic Commission Bill (“Bill”) published in the Gazette Notification dated 24.03.2021 was passed in Parliament on 20.05.2021 with the amendments proposed by the Supreme Court. The Bill provides for the (i) establishment of the Colombo Port City as a Special Economic Zone
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A divorce can be obtained in Sri Lanka on establishing one of the following grounds (Matrimonial faults) in Court: 1. Adultery subsequent to marriage 2.Malicious Desertion (where the party at fault leaves the Matrimonial home) or Constructive Malicious Desertion (where the innocent party is compelled to leave the matrimonial
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The Ministry of Finance issued circular No. MF/01/2020 dated 08.03.2021 (“Circular”) to fast-track implementation of development activities. The salient points of the Circular are as follows: 1. A simplified process for obtaining Letters of Credit/Letters of Comfort and Letters of Guarantee. 1. * The Cabinet of
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<p>The Ministry of Finance issued a series of regulations repealing the regulations issued under the Extraordinary Gazette Notification 2045/56 dated 17.11.2017 (“<b>Repealed Regulations</b>”). The new Foreign Exchange (Classes of Capital Transactions Undertaken in Sri Lanka by a Person
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<p>The web notice dated 13th January 2021 was issued by the Department of Inland Revenue (“<b>DIR</b>”). A summary of <u>income tax</u> proposals made in the National Budget – 2021 as mentioned in
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<p>Sri Lanka has ratified all key International conventions (such as the International Labour Organization Convention 138 on the minimum age for employment) and has sufficient legislation for the eradication of child engagement in labour, ‘hazardous’ or otherwise.</p><p>Due to this reason,
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<article><p>Termination of employment in Sri Lanka is governed by 2 principal statutes namely the Industrial Disputes Act No.43 of 1950, as amended (“IDA”) and the Termination of Employment of Workmen (Special Provisions) Act No.45 of 1971, as amended (“TEWA”). On a collective
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Real Estate Investments Trusts, known as ‘REIT’ is a Unit Trust that will invest principally in income generating real estate. REIT has been established within the existing Sri Lankan legal framework. It appears to have been structured from a local investor perspective and the Sri Lankan environment in which it