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

Shame on You JVP – Your Slip is Showing

By Adolf  The JVP has long built its political identity...

Sri Lanka’s Banks Show Strength on Paper as Reserves Slip Backward

Sri Lanka’s banking sector, long considered the backbone of...

Colombo Port Gridlock Threatens Sri Lanka’s Export Competitiveness

Sri Lankan exporters are once again facing mounting uncertainty...

Manufacturing and Services Sectors Sustain Growth in August amid Challenges

Sri Lanka’s business sector displayed resilience in August 2025,...