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Contents

Part I · General Provisions and Offences

31. Duty to disclose information

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

Any person who in the course of his employment, profession, trade, business, occupation or in the discharge of contractual duties comes across or has knowledge or information pertaining to-

(a)

proceeds of crime, including the location, nature, value, the identity of the person having possession, custody, dominion of such proceeds of crime, concealment or disguising of proceeds of crime or any transactions relating to proceeds of crime; or

(b)

committing of any offence under this Act, shall disclose such information to the Police Designated

Officer or the Designated Officer of the Commission to

Investigate Allegations of Bribery or Corruption, who shall issue an acknowledgement of such information to the person who provided such information:

Provided however, an Attorney-at-Law who in the course of his professional duties receives such knowledge or information shall not be obliged to discharge this statutory duty if he is required in terms of professional ethics to maintain confidentiality of the information he has received, unless the person who provides such information has consented to the release of such information as provided in this Act:

Provided further, any person who in the course of his employment or providing professional services receives or becomes aware of any information pertaining to any proceeds of crime, and provides such information to the compliance officer appointed in terms of section 14 of the

Financial Transactions Reporting Act or in the absence of a compliance officer to the supervisory authority recognized for the purposes of the Financial Transactions Reporting

Act and where there is no such supervisory authority, to the principal executive officer of his employer, shall not be required to comply with such disclosure:

Provided further, where any person fails to disclose such information as provided in this section, if it appears that the purpose for failure to disclose information by such person was in good faith and for the purpose of facilitating the advancement of the objectives of this Act, such person who fails to disclose such information shall be deemed not to have committed an offence.

Part II

Investigation Into Proceeds of Crime, Restraint And Seizure

Part III

Judicial Freezing of Proceeds of Crime

Part IV

Protection, Preservation and Management of Proceeds of Crime

Part V

Proceeds of Crime Management authority

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

Miscellaneous Provisions

Schedules