As enacted

Contents

Proceeds of Crime Act 2025 · As enacted · Part I · General Provisions and Offences

26. Offences committed by an incorporated body

Official English translation. The Sinhala text prevails. Open the official Sinhala text, official PDF on documents.gov.lk

(1)

Where an offence under this Act is committed by an incorporated body of persons all Directors of such body at the time of committing such offence shall, in addition to the incorporated body of persons, be individually liable for the committing of such offence, notwithstanding each such

Director not being responsible for committing the act which constitute the relevant offence:

Provided however, that no such Director shall be –

(a)

prosecuted if he satisfies the Investigation

Officer who conducted the investigation; or

(b)

deemed to be guilty for having committed an offence if he on a balance of probability proves before court, that the offence was committed without his knowledge or that he exercised all due diligence to prevent the commission of the offence.

(2)

For the purpose of instituting criminal proceedings against Directors of an incorporated body of persons, it shall not be necessary to first prosecute and obtain a conviction against the corresponding incorporated body of persons.

Read on from s 27

Part II

Investigation Into Proceeds of Crime, Restraint And Seizure

Read on from Part II

Part III

Judicial Freezing of Proceeds of Crime

Read on from Part III

Part IV

Protection, Preservation and Management of Proceeds of Crime

Read on from Part IV

Part V

Proceeds of Crime Management authority

Read on from Part V

Part VI

Forfeiture of Frozen Proceeds of Crime And Related Proceedings

Read on from Part VI

Part VII

Civil Remedy For Victims Of Crime

Read on from Part VII

Part VIII

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

Read on from Part VIII

Part IX

Victims Of Crime Reparation Trust Fund

Read on from Part IX

Part X

International Cooperation

Read on from Part X

Part XI

Miscellaneous Provisions

Read on from Part XI