Srilanka’s  Consumer Affairs Act Archaic

Srilanka’s  Consumer Affairs Act Archaic

Minister of  Industry and Commerce Rishad Bathiudeen by issuing a message at the Regulatory Impact Analogists (RIA)  workshop co- organized  by the Consumer Affairs Authority and the Colombo United Nations Industrial Development Organization (UNIDO) stated, that prevailing  Srilanka’s  Consumer Protection Laws were unsatisfactory  and outdated. National Policy for consumer well being and protection is now ready for reform through the UN Guide lines for Consumer Protection (UNGCP).
Srilanka’s  consumer protection frame work  is largely dependent  on legislation such as the Consumer Affair Authority Act, which needs revision.