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IRCSL Introduces alternative compensation system for motor vehicle accident victims

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The Insurance Regulatory Commission of Sri Lanka (IRCSL) has implemented a new system aimed at providing compensation to third-party victims of motor vehicle accidents or their legal heirs, without the need for court proceedings. Effective from March 1, this alternative method offers compensation up to a maximum of Rs. 500,000.

In collaboration with the Transport and Highways Ministry and other stakeholders in the transport sector, the Commission introduced this system to streamline compensation processes. Importantly, the existing legal avenues for compensation remain unaffected by this initiative.

Under this scheme, pedestrians and cyclists who are killed or permanently disabled in motor vehicle accidents are eligible for compensation. The insurance company covering the motor vehicle involved in the accident will provide the relevant compensation.

To claim compensation, applicants must complete the application provided in Circular No. 03 of 2024 issued by the Insurance Regulatory Commission and submit the required documents to the insurer within six months of the incident. Compensation amounts to Rs. 500,000 for death and up to Rs. 500,000 for permanent disability, subject to specified limits.

It’s crucial to note that death or disability must result from the motor vehicle accident and occur within 12 months of the incident. Additionally, if the compensation provided under this system is deemed insufficient, victims or their legal representatives retain the option to pursue legal recourse through court proceedings.

This alternative compensation system aims to expedite the process of providing relief to motor vehicle accident victims and their families, ensuring timely support during challenging circumstances.

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Local multi-day fishing trawler seized with ICE & heroin worth over Rs. 3798 Mn.

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In another successful intelligence operation of the Sri Lanka Navy, a local multi-day fishing trawler (01) carrying a large haul of narcotics, with 06 suspects aboard, were intercepted about 133 nautical miles (about 246 km) off Dondra, south of Sri Lanka. 

The operation also resulted in the seizure of another local one-day fishing trawler (01) with 04 suspects, believed to have been there to fetch the consignment of narcotics mid-sea. The operation was mounted by deploying Sri Lanka Coast Guard Ship (SLCG) Samudraraksha which made the apprehension on 12th April 2024.

 The haul of narcotics included about 179kg and 906g of crystal methamphetamine (Ice) and about 83kg and 582g of heroin (with their packages). The Commander of the Navy, Vice Admiral Priyantha Perera arrived at the Galle Harbour on 13th April to inspect the consignment of narcotics held in this operation.
The Sri Lanka Navy and Coast Guard regularly patrol and conduct search operations along the island’s coast to prevent illegal activities, such as drug trafficking, stemming via sea routes.

During this dedicated operation based on naval intelligence, a suspicious multi-day fishing trawler, which was about 133 nautical miles (246 km) off the south coast of the island, was intercepted and searched by SLCG Samudraraksha. As the fishing trawler was suspected of smuggling a haul of crystal methamphetamine and heroin in 17 sacks, during the search, the narcotic-carrying trawler was held on 12th April, with 06 suspects aboard.

Additionally, SLCG Samudraraksha inspected another local one-day fishing trawler, which was plying suspiciously in the sea area. During the inspection, 04 suspects were apprehended, along with the trawler, on suspicion of attempting to exchange narcotics with the multi-day trawler previously seized.

Following a thorough search of the suspicious multi-day fishing trawler at the Galle Harbour on 13th April, authorities recovered 17 sacks containing crystal methamphetamine and heroin. The haul of crystal methamphetamine, weighing about 179kg and 906g (including packages), were in 129 packages, stuffed in 13 sacks and the stash of heroin, weighing about 83kg and 582g (including packages), were in 76 packages, contained in 04 sacks. The consignment of narcotics, along with the 06 suspects and the multi-day fishing trawler was handed over to the Police Narcotic Bureau (PNB) for onward legal action.

Moreover, the 04 individuals, along with the one-day fishing trawler, which were seized on suspicion of being involved in a drug exchange at sea, were also handed over to PNB for further legal action.

The individuals held in the operation are known to reside in the Weligama, Imaduwa, and Galle areas, ranging in age from 23 to 54 years old. Meanwhile, the gross street value of the consignment of drugs seized during this operation is believed to be more than Rs. 3798 million.

Including the recent confiscation, the Sri Lanka Navy has held drugs with a gross street value of over Rs. 9300 million during operations mounted so far in 2024. The Sri Lanka Navy – the country’s first line of defence is committed to coordinating with other law enforcement authorities, to carry out anti-drug operations of this nature in order to foil drug smuggling attempts being made in the guise of fishing.

(navy.lk)

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Sri Lanka Mirror wishes everyone a happy Sinhala and Tamil New Year!

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The 2024 Sinhala and Tamil New Year dawned at 09.05 pm last night (April 13).

‘Sri Lanka Mirror’ extends heartfelt New Year greetings to all our readers. May this upcoming year be filled with boundless happiness, prosperity, and success for each and everyone of you.

–  Sri Lanka Mirror team

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Derailed train causes delays on coastal line

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A train has derailed at the Kalutara South railway station on Saturday morning (13).

Trains operating on the Coastal Line are thus experiencing delays, Sri Lanka Railways said.

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