The Sri Lankan government plans to introduce a new law that will make it easier to enforce foreign judgments in the country. The Registration and Enforcement of Foreign Judgments Bill will repeal existing legislation and introduce stronger legal provisions to enforce judgments given by foreign courts.
The new law will allow for the registration of foreign judgments in Sri Lankan courts. Once a judgment is registered, it will be treated as if it were a judgment originally given in Sri Lanka. This means that the judgment can be enforced in the same way as a domestic judgment.
The bill is expected to be submitted to Parliament in the coming weeks. If passed, it will come into effect in 2024.