The proposed new 'Employment Act' The Labor laws of Sri Lanka being promulgated over the years to meet the evolving needs of industrial relations. The purpose of this Act is to govern the wages and labour conditions and standards in Sri Lanka.Today, we're going to be talking about the Shop and Office Employees (Regulation of Employment and Remuneration) Act No 19 of 1954. 3) The Applicable Law for labour in Sri Lanka. A) The Employee Provident Fund Act No. 15 of 1958. It is only issued for purpose of convenience. A. S. Jayawardena. Governor. The paper provides a brief but thorough overview of labor laws in Sri Lanka, analyzing key legislation and their notable features based on primary sources. This Act may be cited as the. Termination of Employment of Workmen.