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Contents

Part IV · Protection, Preservation and Management of Proceeds of Crime

78. Court order for the protection, preservation, and management of seized or frozen proceeds of crime

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

(1)

When a property suspected to be proceeds of crime is frozen by the High Court or pending an order for judicial freezing of the property being made, such Court shall either on its own motion or on application by an Investigation

Officer, make necessary orders in terms of this Act for the protection, preservation, and management of such frozen property or property that is sought to be frozen.

(2)

It shall be the duty of any public officer or public or statutory body to which an order is made by the High

Court to take necessary steps for the effective protection, preservation and management of a seized or frozen property.

(3)

Pending a judicial order pertaining to the forfeiture of the seized or frozen property or its release or return to the party lawfully entitled to possess such property being made by the High Court, such property shall be held in trust by the party entrusted with the protection, preservation and management of the property, on behalf of the state or the relevant victim of crime or the party lawfully entitled to such property, as the case may be.

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