As enacted

Contents

Proceeds of Crime Act 2025 · As enacted · Part IV · Protection, Preservation and Management of Proceeds of Crime

80. Profit generated from and the cost of the management of proceeds of crime

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

(1)

Any profit or other proceeds derived or generated from the management of proceeds of crime shall with the prior approval of the High Court, be utilized by the party to whom the management of the property has been vested by the High Court for –

(a)

the development of the same financial, business or trade activity;

(b)

any other lawful financial, trade or commercial activity; or

(c)

investing in the most appropriate manner.

(2)

It shall be lawful for the person authorized by the

High Court to protect, preserve and manage the suspected proceeds of crime, with the permission of the High Court to deduct the sum of money lawfully expended by him for the protection, preservation, and management of the said property or to have such sum of money reimbursed from the

Authority.

Read on from s 81

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