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In Sri Lanka, the termination of employment is governed by 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”). These laws apply across all categories of employees. On a collective application
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On 18 June 2025, the Minister of Finance, Planning and Economic Development issued an Order under Section 22 of the Foreign Exchange Act, No. 12 of 2017 (“Foreign Exchange Act”), published in Gazette Extraordinary No. 2441/14 (“New Order”), repealing the previous Order published in Gazette Extraordinary No. 2415/56
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On 30 September 2024, the Central Bank of Sri Lanka (CBSL) issued the “Banking Act Direction No. 5 of 2024” (“the New Direction”), setting out a comprehensive framework for corporate governance in licensed commercial and specialized banks. Effective from 1 January 2025, the new Direction has been implemented, thereby revoking
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What is a Geographical Indication? A Geographical indication is an indication which identifies any goods as originating in the territory of a country, or a region or locality in that territory, where a given quality, reputation or other characteristic of the good is essentially attributable to its geographical origin. Examples
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An integrated digital payment platform, ‘GovPay’, the first of such in Sri Lanka was launched on February 7, 2025 being the first part of a trio of digital programs seeking to unify all state entities under a single digital payment system to enhance the efficiency of state services while improving
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The ‘Colombo Port City’ (‘CPC’) conceived to function as a separate free trade zone in the form of a ‘business and financial district’, to allow Sri Lanka to emerge as a regional ‘commercial and financial Centre’. The enabling legal framework has as its principal legislation the ‘Colombo Port City Economic
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The highlights of revisions to tax proposals presented in the National Budget 2025 for the current year, which may be implemented after formal amendment to the relevant legislation, primarily the Inland Revenue Act No. 24 of 2017, as amended (“IRA”).
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The highlights of revisions to tax proposals presented in the National Budget 2025 for the current year, which may be implemented after formal amendment to the relevant legislation, primarily the Inland Revenue Act No. 24 of 2017, as amended (“IRA”).
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In Sri Lanka, the Companies Act No. 7 of 2007 outlines the duties and liabilities of directors, but the recognition of directors as employees remains nuanced. This article explores the legal framework in Sri Lanka, examines relevant case law, and compares approaches in other jurisdictions, including England, Australia, and India.
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In a recent case, I had the opportunity of representing the Employer Respondent, a prominent company in the Hospitality and Tourism sector, in an unfair termination claim. This case, in which I was retained by D.L & F De Saram, presented a compelling exploration of the distinctions between employment
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The Port City Colombo unveiled on 5th September 2024, its newest facility — the opportunity of ‘duty-free’ shopping with a dedicated new mall providing a never before shopping experience in the city of Colombo. The enabling legal provisions rooted in the Colombo Port City Economic Commission Act No. 11 of 2021
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<p style="font-weight: 400;">The payment of a minimum monthly wage or daily wage to all workers in any private sector industry or service in Sri Lanka was made mandatory and given statutory effect by the passing of the National Minimum Wage of Workers Act No.