Proceeds of Crime Act 2025 · As enacted · Part V · Proceeds of Crime Management authority
108. Chief Executive Officer of the Authority
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
The Board shall having regard to the scheme of recruitment developed having due regard to the duties and functions of the Authority and approved and adopted by the Board, following a transparent scheme for the selection of a suitable person appoint the Chief Executive Officer of the Authority. It shall be lawful for the Authority to with the approval of the relevant head of the institution appoint a suitable public officer as the Chief Executive Officer on secondment.
The Chief Executive Officer so appointed shall be in charge of all executive and administrative functions of the
Authority and the Chief Financial Officer of the Authority.
The Board shall exercise the disciplinary authority over such Chief Executive Officer.
The Chief Executive Officer shall on the invitation of the Board be entitled to participate at the meetings of the
Board.
The Chief Executive Officer shall, unless he vacates office earlier by death, resignation, or removal be entitled to serve in such position for a period not exceeding ten years.
The Chief Executive Officer shall, subject to the general directions and supervision of the Board-
be charged with the administration of the affairs and the executive functions of the Authority including the administration and control of the staff;
be responsible for the execution of all decisions of the Board; and
carry out all such functions as may be assigned to the Chief Executive Officer by the Board.
The Chief Executive Officer may be removed from office if he –
becomes permanently incapable of performing the duties of the office of the Chief Executive
Officer;
had in the opinion of the Board, committed any act which is incompatible with the duties, functions and powers of such officer, has acted in a manner that either defeats the purposes of this Act or in a manner prejudicial to the interests of the
Authority, or been inefficient; or
has failed to comply with any directions issued by the Board.
The office of the Chief Executive Officer shall become vacant upon the death, removal from office under subsection (7) or resignation by letter in that behalf addressed to the
Board by the holder of that office or upon completion of the period of ten years’ service.
If any vacancy occurs in the office of the Chief
Executive Officer, the Board may appoint an officer of the
Authority holding managerial responsibility, to perform the duties of the Chief Executive Officer until an appointment is made.
During the fourth quarter of every year, the Chief
Executive Officer shall with due regard to the objects and functions of the Authority submit to the Board for approval a corporate plan for the following year.
The Chief Executive Officer shall be paid such remuneration as may be determined by the Board.
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