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The Sri Lanka Police says leasing and finance corporations can not forcibly repossess autos or different leased gear and should search a District Court docket order if the lessee resists taking possession.
In a press launch dated September 26, 2026, Police stated the Finance Leasing Act, No. 56 of 2000 units out the process that lessors, together with leasing corporations and finance corporations, should observe when taking possession of autos and different gear topic to finance leasing.
Law enforcement officials have already been knowledgeable by means of instruction circulars in regards to the authorized provisions relevant underneath the Act.
When a lessor or a certified consultant offers prior discover and requests police safety, the Sri Lanka Police might present help just for the aim of sustaining the peace.
Nevertheless, cops won’t intervene within the precise repossession of a car or different gear.
A lessor might take possession of a leased car or gear solely when there isn’t any resistance from the lessee. If the lessee resists the repossession, the lessor should file a case within the District Court docket in accordance with the Finance Leasing Act.
Police stated a lessor or the lessor’s consultant commits an offence in the event that they act opposite to the provisions of the Finance Leasing Act, No. 56 of 2000.
If the required process will not be adopted, police stations will settle for complaints from lessees and conduct investigations.
If an investigation reveals one other offence, comparable to theft, theft or prison trespass, the Sri Lanka Police will take authorized motion in relation to that offence.
Police additionally careworn that whereas officers might act in accordance with the Finance Leasing Act in issues involving finance lease agreements ruled by that Act, there are not any provisions permitting related police intervention in relation to hire-purchase agreements ruled by the Client Credit score Act, No. 29 of 1982.
The Sri Lanka Police requested all events to behave in accordance with agreements entered into by means of leasing corporations and finance corporations and to take care of the peace.
