The Central Bank has announced a public consultation on amendments to the Finance Leasing Act, No.56 of 2000 (as amended) (FLA), inviting the public to send their comments.
In a statement, it said having recognised the need for strengthening the protection of finance leasing customers and updating the FLA to be in line with the industry developments, the Central Bank of Sri Lanka (CB) has initiated amending the FLA.
To have wider stakeholder consultation, the CB is inviting the general public to submit observations/ suggestions/ comments on the draft amendments. The public can access the draft amendments though the following weblink at the CB website;
https://www.cbsl.gov.lk/en/consultation-papers-for-public-comments
The public is invited to send their observations/ suggestions/ comments through post, fax or email on or before 31st May 2024, under the subject; “Observations/ Suggestions/ Comments on the draft amendments to the Finance Leasing Act”.
The Cyclonic Storm “Ditwah” moved further north from Trincomalee today evening leaving a trail of destruction including more than 90 deaths, over 100 missing and tens of thousands displaced, officials said.
A third rescue attempt to save 28 people trapped on the rooftop of a farm building in Vithikuliya, Nikaweratiya, has failed due to the dangerous water surge from the Deduru Oya.
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