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Automotive warranty. An automotive warranty is a guarantee provided by a vehicle manufacturer or a third party, ensuring that any defects or issues with a vehicle will be repaired or addressed within a specified period after purchase. [1] This warranty is most often an important aspect of purchasing vehicles since it provides buyers with ...
Duty-free permit. Duty-free permit (or Duty-free vehicle permit or Motor Vehicle Permit on Concessionary Terms) is a permit issued by the Treasury of the Government of Sri Lanka that allows its holder to import a vehicle into Sri Lanka on duties concessions or exempt from certain taxes. [1] [2] The practice had been started by government of ...
Driving Licence of Sri Lanka. In Sri Lanka, the driving licence is the official document which authorises its holder to operate various types of motor vehicle on public roads. They are administered by the Department of Motor Traffic (DMT). A licence is required to drive on a public road and a minimum age is 18 years for all vehicles.
Galle Face is a 5 ha (12 acres) ocean-side urban park, which stretches for 500 m (1,600 ft) along the coast, in the heart of Colombo, the financial and business capital of Sri Lanka. The promenade was initially laid out in 1859 by Governor Sir Henry George Ward, although the original Galle Face Green extended over a much larger area than is ...
Product liability is the area of law in which manufacturers, distributors, suppliers, retailers, and others who make products available to the public are held responsible for the injuries those products cause. Although the word "product" has broad connotations, product liability as an area of law is traditionally limited to products in the form ...
This means the insurance company won't cover the cost of a fancy sports car if you can rent a reliable sedan for a fraction of the price. Total payout per claim: There's usually a maximum amount ...
The Employees' Provident Fund, abbreviated to EPF, is a social security scheme of employees in Sri Lanka under the Central Bank of Sri Lanka. It was established under Act No. 15 of 1958 by S. W. R. D. Bandaranaike, [3] and as of December 2010, it had Rs 899.6 billion, which is equivalent to 16% of the GDP. [4]
Warranty. In law, a warranty is an expressed or implied promise or assurance of some kind. The term's meaning varies across legal subjects. [1] In property law, it refers to a covenant by the grantor of a deed. [2] In insurance law, it refers to a promise by the purchaser of an insurance about the thing or person to be insured.