Sri Lanka Enhances Property Rights Security with New Legislation on Deeds of Gift
Legal & Governance
Sri Lanka Enhances Property Rights Security with New Legislation on Deeds of Gift

The Sri Lankan government is set to introduce pivotal legislation aimed at safeguarding the rights of donees and the interests of lending institutions. This comes after ramifications from a court ruling that permitted donors to revoke deeds of gift unilaterally, impacting financial securities.

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