Sri Lanka. 18.0 ............. 90 Swaziland............................... 32.0 ............. 75
Sri Lanka. There are no country-specific provisions. SOUTH AFRICA Responsibility for Taxes. The following provision supplements Section 8 of the Agreement: By accepting the RSUs, the Participant agrees to immediately notify the Employer of the amount of any gain realized upon vesting of the RSUs. If the Participant does not inform the Employer of the sale, transfer or other disposition of shares of Common Stock acquired under the Plan and the Employer is subject to penalties or interest as a result of not being able to withhold Tax-Related Items, the Employer may recover any such penalty and interest amounts from the Participant. In addition, if the Participant fails to advise the Employer of the gain realized upon vesting of the RSUs, then he or she may be liable for a fine. The Participant will be responsible for paying the difference between the actual Tax-Related Items liability and the amount withheld.
Sri Lanka. Notifications
Sri Lanka. Sri Lanka, officially the Democratic Socialist Republic of Sri Lanka is an island country in South Asia located about 31 kilo meters off the southern coast of India. Sri Lanka Lies between 5° - 10° of North Latitude and 80° - 82° of East Longitude. Sri Lanka obtained political independence from the British in 1948 under the name “Dominion of Ceylon” which was changed to Sri Lanka in 1978. The island lies in the Indian Ocean, to the Southwest of Bay of Bengal. It is separated from the Indian subcontinent by the Gulf of Mannar and the Xxxx Straits. Sri Lanka has a total area of 65,610 km2 with a coastline of about 1,340 km long. Its terrain is mostly low, flat to rolling plain, with mountains in the south-central interior. The natural beauty of Sri Lanka's tropical forests, beaches and landscape, as well as its rich cultural heritage, make it a world famous tourist destination. It was ranked the fifty fifth with a population of about 21 million by the Central Intelligence Agency7 (CIA). Sri Lanka is a member of the Commonwealth, the South Asian Association for Regional Cooperation (SAARC), the World Bank, International Monetary Fund (IMF), Asian Development Bank (ADB), and the Colombo Plan.
Sri Lanka. The National Engineering Research and Development (NERD) Centre set up under the Industrial Corporation Act in 1974 was the pioneering organization which has started efforts towards use of solar energy for water heating applications in Sri Lanka. The NERD at Ekala Industrial Estate has its own laboratories, workshops to undertake R&D, testing work for solar thermal technologies. Late 1970s, there were a few SWH installations, these were imported units and extremely costly. The centre started its research to develop a solar water heater with a very good performance and able to compete with imported units. The efforts were successful (1980) and the manufactured SWH systems were commercially marketed through a firm “Alpha Thermal Systems Pvt Limited”. Their research activities continued to develop cheaper and highly efficient integrated solar water heater which can also be used for pre-heating of boiler feed water.
Sri Lanka. The National Engineering Research and Development (NERD) Centre set up under the Industrial Corporation Act in 1974 was the pioneering organization which has started efforts towards use of solar energy for water heating applications in Sri Lanka. The NERD at Ekala Industrial Estate has its own laboratories, workshops to undertake R&D, testing work for solar thermal technologies. Late 1970s, there were a few SWH installations, these were imported units and extremely costly. The centre started its research to develop a solar water heater with a very good performance and able to compete with imported units. The efforts were successful (1980) and the manufactured SWH systems were commercially marketed through a firm “Alpha Thermal Systems Pvt Limited”. SWH manufacturers & taxes: IIEC with the valuable co-operation from Alpha Solar Energy Systems Pvt Ltd, the pioneer and leading company in the solar energy business (including SWH systems) of Sri Lanka is able to present information on design and installation related aspects of SWH systems in the country. The installations are scattered in the country and attributed to the individual manufacturers and suppliers of SWH systems. Imported systems from China and Australia exist and compete with the locally manufactured products. There are no tax or custom duty incentives on installation or purchase of SWH systems in Sri Lanka. Potential market for SWH installations: The potential market for SWH installations are high-end residential consumers, hotels and tourism industry and in some industries. An approximate of 80,000 SWH systems are installed across domestic (~ 97%) and commercial (~ 3%) sector of which about 98% of the systems are flat plate type collectors. Typical annual market growth is approximately 7%. Types of SWH systems widely adopted & key system components: Flat plate type collectors with passive system are widely adopted and observed in the country. About 60% of the installations are prefabricated systems with capacities in the range of 150 to 300 Litres. Expertise to install large capacity custom built SWH systems is steadily improving in the country. Alpha Solar Energy Systems has successfully installed and commissioned custom built 4000 Litres and 5000 Litres SWH systems recently in hotel sector. These are considered as the largest working SWH systems in Sri Lanka and the organization has received an order to build 10000 Litres system this year. Generally the manufacturers/suppliers receive such lar...
Sri Lanka. The National Energy Policy & Strategies of Sri Lanka accepted by Government of Sri Lanka in 2008 is the only driving policy for power and energy sector developments in the country. However, there is no mention of promotion of solar water heaters technologies in the policy document. The country’s focus with respect to renewable sources of energy is to utilize and generate off-grid on grid connected electricity to meet the demand from supply side.
Sri Lanka. Sri Lanka does not have any approved solar water heaters testing laboratories within the country. However, the NERD has all the facilities required for testing of the units.
Sri Lanka. Product standards are not available for SWH systems in Sri Lanka; the efforts are being put in to develop standards and may likely to come out in near future. The Sri Lanka Standards Institute (SLSI)4 is the premier national body associated with the task of developing product standards.
Sri Lanka. Sri Lanka does not have any approved solar water heaters testing laboratories within the country. However, the National Engineering Research and Development (NERD) 11 is instrumental in fabrication of SWH from locally available materials and also have all the facilities required for testing of the units.
