Prevention of Money Laundering (Amendment) Act 2026 · As enacted
9. Amendment of section 8 of the principal enactment
Official English translation. Where it differs from the Sinhala or Tamil text, the Act itself says which text prevails.
Official translationFrom Department of Government Printing, unchanged
Section 8 of the principal enactment is hereby amended as follows: -
in subsection (1) of that section, by the substitution for the words “seven days” wherever those words appear in that subsection, of the words “fourteen working days”;
in subsection (2) of that section –
in paragraph (b) of that subsection, by the substitution for the words “shall not exceed three months”, of the words “shall not exceed four months” and for the words “a period of two years”, of the words “a period of three years”; and
in the proviso to that subsection, by the substitution for the words “in respect of the account, property or investment which”, of the words “in respect of the property which”; and
by the repeal of subsection (3) of that section and the substitution therefor, of the following subsection: -
“(3) Where the High Court confirms a
Freezing Order under subsection (2), it shall cause a notice of such Freezing Order to be published in the Gazette or at least one newspaper circulating in the Sinhala, Tamil and English languages, in order to facilitate bona fide third parties to make an application to the Court in support of their claims to the property which is subject to the Freezing
Order.”.