1 of 1987 (FTC Act) which dealt with the control of monopolies and mergers and prevention of anti-competitive practices. Even though the origin of competition law has long history, the concept of competition law was introduced into Sri Lanka with the enactment of the FTC Act.
What are the types of law in Sri Lanka?
The legal system in Sri Lanka comprises collections of codified and uncodified forms of law, of many origins subordinate to the Constitution of Sri Lanka which is the highest law of the island. Its legal framework is a mixture of legal systems of Roman-Dutch law, English law, Kandian law, Thesavalamai and Muslim law..
What is the intellectual property law in Sri Lanka?
The current intellectual property legal regime in Sri Lanka is governed by the Intellectual Property Act, No. 36 of 2003 which makes provisions for a variety of intellectual property rights and their acquisition, management and enforcement..
What is the personal law system in Sri Lanka?
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Personal and Territorial Legal Systems of Sri Lanka The personal laws that govern the various sections of our community are, Kandyan Law, Thesawalamai and Muslim Law.
Kandyan Law applies as a personal law to Kandyan Sinhalese. Likewise Muslim Law applies to Muslims as their personal law.
Competition law was introduced into Sri Lanka with the enactment of the Fair Trading Commission Act (FTCA). No 1 of 1987 This Act provided for the establishment of the Fair Trading Commission (FTC), a quasi-judicial body under the Minister of Commerce and Consumer Affairs (hereinafter referred to as 'the Minister').
Abstract - The Competition and consumer policy of a nation could play an important role in promoting economic growth and reducing poverty. In the absence.
Even though the origin of competition law has long history, the concept of competition law was introduced into Sri Lanka with the enactment of the FTC Act. The Act established a regulatory body known as Fair Trading Commission (FTC), a quasi judicial body under the Ministry of commerce and consumer affairs.
The first Legislation which introduced the concept of competition in Sri Lanka is the Fair Trading Commission Act No.1 of 1987 (FTC Act) which dealt with the control of monopolies and mergers and prevention of anti-competitive practices.
Competition law sri lanka
Indirect election held in Sri Lanka
An indirect presidential election was held in the Parliament of Sri Lanka on 20 July 2022 following the resignation of former president Gotabaya Rajapaksa on 14 July. The president of Sri Lanka was elected by the Parliament of Sri Lanka in a secret ballot to decide who would complete the remainder of Gotabaya Rajapaksa's term. Candidates were nominated in the Parliament on 19 July in advance of the election the following day.
Theravada Buddhism is the largest and official religion of
History and demographics of Buddhism in Sri Lanka, formerly Ceylon
Theravada Buddhism is the largest and official religion of Sri Lanka, practiced by 70.2% of the population as of 2012. Practitioners of Sri Lankan Buddhism can be found amongst the majority Sinhalese population as well as among the minority ethnic groups. Sri Lankan Buddhists share many similarities with Southeast Asian Buddhists, specifically Myanmar Buddhists and Thai Buddhists due to traditional and cultural exchange. Sri Lanka is one of five nations with a Theravada Buddhist majority.
Cricket is the most popular sport in Sri Lanka. Sri Lanka is one of the twelve nations that take part in Test cricket and one of the six nations that has won a cricket World Cup. Cricket is played at professional, semi-professional and recreational levels in the country and international cricket matches are watched with interest by a large proportion of the population.
Muslim community of Pashtun ancestry
The Pathans of Sri Lanka were a Muslim community in Sri Lanka of Pashtun ancestry. Most of them left in the 20th century, however a small number of families living in the country still claim Pathan ancestry.
Sport in Sri Lanka is a significant part of Sri Lankan culture. Although the Sports Ministry named volleyball the national sport, the most popular sport is Cricket. Rugby union is also popular. Other popular sports are water sports, badminton, athletics, football, basketball and tennis. Sri Lanka's schools and colleges regularly organize sports and athletics teams, competing on provincial and national levels.
