On March 20th 2015, the National Medicines Regulatory Authority Act, No. 5 of 2015 was officially released by Sri Lanka government. Meanwhile, the Cosmetics, Devices and Drugs Act, No. 27 of 1980 which previously regulated cosmetics in Sri Lanka was repealed.
At present there is no law in Sri Lanka to regulate cosmetic products and thus the authorities are relatively powerless once unregistered cosmetics are found circulating in the market or in use in salons or beauty parlors. Currently there is no legal basis allowing authorities to take legal actions against those violating cosmetic regulations even in cases where a consumer is harmed or killed due to use of unregistered cosmetic products.
Only the Sri Lankan Consumer Affairs Authority can take any sort of meaningful action against salons and beauty parlors in cases where the labeling and expiration date of cosmetic products is incompliant however this power does not extend to unregistered products that are currently in use in Sri Lanka.
* Reference Link: Law toothless to regulate unregistered cosmetic products