Sri Lanka has enacted the Recognition and Enforcement of International Settlement Agreements Resulting from Mediation Act, No. 5 of 2024

Sri Lanka has enacted the Recognition and Enforcement of International Settlement Agreements Resulting from Mediation Act, No. 5 of 2024, and will now proceed to deposit the instrument of ratification with the UN Secretary-General. In terms of Article 14.2 of the UNCITRAL Singapore Convention, the Convention will apply in respect of Sri Lanka six months after the date of depositing the instrument of ratification. This will be the same date that the Minister of Justice will, in terms of section 1(2) of the Act, certify by Order published in the Gazette as the date with effect from which the provisions of the Convention shall enter into force in respect of Sri Lanka.

The Act can be accessed at http://documents.gov.lk/files/act/2024/1/05-2024_E.pdf