The Hon. Speaker endorses the first Bill of the year 2023

Date:

The Hon. speaker endorsed the first Bill of the year 2023 yesterday(17). Accordingly, the Speaker endorsed the certificate on Recovery of Possession of Premises Given on the Lease Bill.

This Bill entails provisions to make arrangements regarding the procedure for recovery of possession of leased premises under a lease agreement, to formalize the recovery of arrears of tax installments, money service charges and quantified losses, and to make arrangements for matters connected or incidental thereto. The said Bill was passed in Parliament on January 5th.

Accordingly, given the endorsement on the certificate on Recovery of Possession of Premises Given on Lease Bill, the stated shall come to effect as the Recovery of Possession of Premises Given on Lease” Act, No. 1 of 2023 from January (17).

Share post:

spot_imgspot_img

Popular

More like this
Related

Foreign Remittances Surge as Sri Lankans Flock Overseas for Jobs

Foreign Remittances Surge as Sri Lankans Flock Overseas for Jobs

Widening Private Credit Gap Signals Hidden Financial Risks, CBSL Warns

Widening Private Credit Gap Signals Hidden Financial Risks, CBSL Warns

Crumbling Buses, Chaotic Commutes: Sri Lanka’s Transport in Crisis

Crumbling Buses, Chaotic Commutes: Sri Lanka’s Transport in Crisis

IMF Calls Out Sri Lanka’s Misleading FDI Claims, Urges BOI Reform

IMF Calls Out Sri Lanka’s Misleading FDI Claims, Urges BOI Reform