Laws
Proceeds of Crime Act 2025
Part XI
s 151

As enactedVersion · As enacted

Contents

Proceeds of Crime Act 2025

Find in this Act

1Short title and date of operation
2Objectives of the Act
3Applicability of the Act
4Temporal Applicability of the Act
5Application of the Act with regard to proceeds of crime derived out of committing offences in the Anti-Corruption Act

IGeneral Provisions and Offences

6Concealment or disguising of proceeds of crime, etc. to be an offence
7Acquisition, possession etc. of proceeds of crime to be an offence
8Destruction. of evidence of proceeds of crime to be an offence
9Breach or obstruction of the enforcement or implementation of orders to be an offence
10Failure to accept a notice or provision of false response to a notice to be an offence
11Aiding the provision of false response to a notice to be an offence
12Presenting a false or misleading claim to prevent judicial freezing to be an offence
13Presenting a false or misleading claim to prevent forfeiture to be an offence
14Aiding and abetting an offence under section 6, 7, 8, 9, 10, 11, 12, or 13 to be an offence
15High Court to try offences under section 6, 7, 8, 9, 10, 11, 12, 13 or 14 and penalty for such offences
16Failure to disclose knowledge or information to be an offence
17Dissuading, preventing etc. of disclosing information pertaining to proceeds of crime to be an offence
18Obstructing persons empowered under this Act to be an offence
19Conduct which is not provided by law with the object of causing any detrimental effect to a person authorized under this Act to be an offence
20Unauthorized issuing of direction etc. with the view to defeating the objectives of this Act to be an offence
21Unauthorized disclosure of information to be an offence
22Direction to disclose information by an unauthorized person to be an offence
23Failure to perform a duty to be an offence
24Aiding and abetting an offence under section 16, 17, 18, 19, 20, 21, 22, or 23 to be an offence
25Magistrate’s Court to try offences under section 16, 17, 18, 19, 20, 21, 22, 23, or 24 and penalty for such offences
26Offences committed by an incorporated body
27Offences committed by an unincorporated body
28Offences committed by a partnership
29All offences under this Act to be cognizable offences
30Offences under this Act to be investigated under the provisions of the Code of Criminal Procedure Act
31Duty to disclose information
32Protection of informants and whistleblowers
33Statutory duty of certain officers to provide information pertaining to proceeds of crime
34Presumption
35Admissibility of response to a notice calling for explanation
36Admissibility of a statement made to a police offier under this Act
37Admissibility of a statement made to a person who is not a police offier under this Act
38Admissibility of evidence of electronic records or other electronic documents
39Admissibility of a certificate from a foreign competent authority
40Avoidance of doubt
41Jurisdiction and powers of the Magistrate’s Court
42Jurisdiction and powers of the High Court
43Powers of the Commission to Investigate Allegations of Bribery or Corruption under this Act
44Powers of the Attorney-General under this Act
45Proceeds of Crime Investigation Division of Sri Lanka Police
46Police Designated Officer and Police Deputy Designated Officer
47Designated Officer and Deputy Designated Officer of the Commission to Investigate Allegations of Bribery or Corruption
48Functions to be discharged by Designated Officers jointly
49Duties, functions and powers of a Designated Officer
50Investigation Officers
51Duties and powers of Investigation Officer

IIInvestigation Into Proceeds of Crime, Restraint And Seizure

52The manner in which an investigation into suspected proceeds of crime may commence Subject to any administrative directions that may be giv...
53The manner of conducting an investigation under this Act
54Powers of Investigation of an Investigation Officer
55Powers of Investigation of an Investigation Officer with the sanction of the Designated Officer
56Judicial authorization to conduct the investigations
57Entry, Search and Examine
58Power to obtain information
59Preservation of information
60Judicial authorization for special investigative techniques
61Judicial order on any person to conduct activity necessary for investigations
62Professional services may be used for investigations
63Further investigations
64Objectives of conducting investigation and further investigation
65General provisions relating to investigations
66Designated Officer or Investigation Officer may take steps not inconsistent with the provisions of this Act
67Cases not provided for in any other law
68Notice calling for explanation
69Explanatory statement
70Termination of investigation
71The manner and circumstances of issuing restraining order or preservation order
72Seizure of suspected proceeds of crime
73Upon the completion of an investigation
74Provisions of this Act relating to seizure not to apply in certain other laws

IIIJudicial Freezing of Proceeds of Crime

75Issue of a judicial freezing order by the High Court

IVProtection, Preservation and Management of Proceeds of Crime

76Objectives and purposes of the protection, preservation, and management of seized or frozen proceeds of crime
77Investigation Officer to take action for the protection, preservation, and management of seized or frozen proceeds of crime
78Court order for the protection, preservation, and management of seized or frozen proceeds of crime
79Using the seized or frozen proceeds of crime subject to protection, preservation, and management for lawful financial, trading or commercial activity
80Profit generated from and the cost of the management of proceeds of crime
81Protection, preservation, and management of a property by public authority or a receiver or special manager
82Appointment of the Authority, a Receiver or a Special Manager
83Authority, any other public authority or Receiver or a Special Manager to take possession, use and control etc. of the property
84Authority to function as Receiver
85Receivers
86Registration of Receivers
87Appointment of Receivers
88Notice of Appointment of the Receiver
89Preliminary Report by the Receiver
90Duties, functions, and powers of the Authority, any public authority or a Receiver in rela tion to protecting, preserving and managing a s...
91Appointment, Duties, Functions and Powers of a Special Manager
92Resignation and removal of a Receiver and a Special Manager
93Expenditure pertaining to the protection, preservation, and management of property in respect of which a Receiver or a Special Manager has been appointed
94Final report of the Receiver and the Special Manager
95Release of the Receiver or Special Manager

VProceeds of Crime Management authority

96Establishment of the Proceeds of Crime Management Authority
97Duties, Functions and Powers of the Authority
98Management and administration of the Authority
99Chairman of the Board
100Disqualifications from being a member of the Board
101Term of office of the appointed members of the Board
102Removal and resignation of appointed members of the Board
103Members of the Board to disclose any interest
104Quorum and meetings of the Board
105Acts or proceedings of the Board deemed not to be invalid by reason of any vacancy
106Remuneration of the members of the Board
107Seal of the Authority
108Chief Executive Officer of the Authority
109Staff of the Authority
110Appointment of public officers to the Authority
111Authority to obtain services of other personnel
112Funds of the Authority
113Financial year and Audit of Accounts of the Authority
114Protection against actions and law suits
115Expenses incurred to be paid out of the Management and Administration fund of the Authority
116Members of the Authority, etc. deemed to be public servants

VIForfeiture of Frozen Proceeds of Crime And Related Proceedings

117General provisions on post-conviction forfeiture
118A penalty to the value of the proceeds of crime
119Attorney General to institute proceeding for Post conviction Forfeiture
120Manner of institution of proceedings
121Notice of Proceedings
122Statement of objections
123Inquiry
124Value based forfeiture
125General provisions for non-conviction based forfeiture
126Situations where non-conviction based forfeiture proceedings can be instituted
127Non-conviction based forfeiture proceedings
128Provisions common to post-conviction forfeiture of proceeds of crime and non-conviction based forfeiture of proceeds of crime following the order of forfeiture

VIICivil Remedy For Victims Of Crime

129Cause of action to recover the pecuniary, sentimental, or other loss or damage suffered by a party from an unlawful activity
130Institution of action for civil remedy by civil society organization for the benefit of the victims

VIIIDisposal Of Forfeited Proceeds Of Crime And The Utilization Of The Value Derived Thereof

131Disposal of forfeited proceeds of crime

IXVictims Of Crime Reparation Trust Fund

132Victims of Crime Reparation Trust Fund
133Funds of the Trust Fund
134The Board of Trustees of the Trust Fund
135Duties of the Trust Fund
136Beneficiaries of the Trust Fund
137The meetings and the quorum, of the Board of Trustees
138Board Secretary of the Board of Trustees
139Acts or proceedings of the Board of Trustees deemed not to be invalid by reason of any vacancy
140Remuneration of the members of the Board of Trustees

XInternational Cooperation

141Mutual Legal Assistance
142Request by Sri Lanka to competent authorities of other countries
143Request by foreign administrative, law enforcement and judicial competent authirities of other countries to Sri Lankan counterparts
144Mutual Cooperation
145Extradition

XIMiscellaneous Provisions

146Regulations
147This Act to prevail over the provisions of other laws
148Protection for acts done in good faith
149Application of the Right to Information Act
150Definitions
151Sinhala text to prevail in case of inconsistency

Schedules

SCHEDULE I [section 68] NOTICE CALLING FOR EXPLANATION 1. Description of the property in respect of which the information is required (to b...
SCHEDULE II [section 71] RESTRAINING ORDER To:-………………..(Name of the person to whom the restraining order is addressed) I …………………………….. an...
SCHEDULE III [section 71] PRESERVATION ORDER To:-…………...……..(Name of the person to whom the preservation order is addressed) I ……………………………...
SCHEDULE IV [section 72] NOTICE OF SEIZURE To:-………………..(Name of the person to whom the notice of seizure is addressed) I …………………………….. an...
SCHEDULE V [section 75] NOTICE OF FREEZING To:-………………..(Name of the person to whom the notice of freezing is addressed) I …………………………….. an...
SCHEDULE VI [section 75] FREEZING ORDER I …………………………….., Judge of the Hight Court of Sri Lanka holden in …………….zone hereby make Order in pu...

Proceeds of Crime Act 2025 · As enacted · Part XI · Miscellaneous Provisions

151. Sinhala text to prevail in case of inconsistency

Official English translation. The Sinhala text prevails.

Official translationFrom Department of Government Printing, unchanged

In the event of any inconsistency between the Sinhala and Tamil texts of this Act, the Sinhala text shall prevail.

Schedules

Details

Proceeds of Crime Act 2025 · s 151

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Where this comes from

Department of Government Printing · Proceeds of Crime Act 2025, As enacted. We last updated this text on 9 Oct 2026.

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