Proceeds of Crime Act 2025 · As enacted · Part V · Proceeds of Crime Management authority
101. Term of office of the appointed members of the Board
Official English translation. The Sinhala text prevails.
Official translationFrom Department of Government Printing, unchanged
Every appointed member of the Board shall, unless such member earlier vacates office by death, resignation or removal, hold office for a period of three years and shall be eligible for reappointment for two terms consecutive or otherwise:
Provided however, the appointed members of the first
Board appointed under the provisions of this Act shall hold office from the date of appointment in the following manner:-
the Chairman shall hold office for a period of three years;
three other members other than the Chairman shall hold office for a period of two years; and
the remaining three members shall hold office for a period of one year, and the three members of the first Board who shall vacate office during the first and second year from the appointment to the first Board shall be determined by drawing lots at the first meeting of the Board.
Where a vacancy arises in the office of an appointed member of the Board due to the expiration of his period of office, such member shall continue in such office until a new member is appointed in his place.
The Minister shall, within one month of the occurring of a vacancy in the office of an appointed member of the
Board due to the expiration of his period of office appoint a new member in his place.
Part VI
Forfeiture of Frozen Proceeds of Crime And Related Proceedings
Part VII
Civil Remedy For Victims Of Crime
Part VIII
Disposal Of Forfeited Proceeds Of Crime And The Utilization Of The Value Derived Thereof
Part IX
Victims Of Crime Reparation Trust Fund
Part X
International Cooperation
Part XI