Sri Lanka Levies 3,900-Percent Increase In Notary Misconduct Fines
The Sri Lankan Cabinet has approved an amendment to the Notaries Ordinance increasing the fine for misconduct 3,900 percent. The amendment also requires Notaries to follow more rigorous procedures when performing their duties.
The amendment is a response to the rising rate of fraudulent land sales, business documents and notarial acts. The fine for misconduct is rising from $19 to $763.