Proceeds of Crime Act 2025 · As enacted · Part IV · Protection, Preservation and Management of Proceeds of Crime
86. Registration of Receivers
Official English translation. The Sinhala text prevails. Open the official Sinhala text, official PDF on documents.gov.lk
Official translationFrom Department of Government Printing, unchanged
For the purpose of appointing a Receiver or a
Special Manager under this Part of this Act, the Secretary to the Ministry of the Minster shall maintain a register of the registered Receivers and Special Managers based on a classification of the category and nature of the property such Receivers and Special Managers are competent in protecting, preserving, and managing and the expertise of such Special Managers.
The Minister may in terms of Regulations made under this Act, from time to time specify qualifications, experience and other relevant requirements including disqualifications that a person who intends to register as a Receiver or as a Special Manager under this Part of this Act shall possess or have, as the case may be. Such, qualifications, disqualifications and expertise may be general in nature or specific to each category of property.
Any person possessing the qualifications, experience and any other requirements prescribed by the Minister, may at any time seek registration with the Secretary to the
Ministry of the Minister to be appointed as a Receiver or a Special Manager. In the application seeking registration, the applicant shall state his qualifications, experience and evidence of satisfaction of requirements prescribed by the Minister, and specializations, if any, in the protection, preservations and management of different categories of property and fees payable for functioning as a Receiver or as a Special Manager. He shall also affirm to by affidavit the absence of any disqualification.
Upon receipt of an application from a person seeking to be appointed as a Receiver or Special Manager, the Secretary to the Ministry of the Minister shall upon satisfaction that the applicant possesses the qualifications, experience and other requirements prescribed by the Minister, and the absence of any disqualification, register such person for a period of time not exceeding five years.
Any person registered as a Receiver or a Special
Manager shall be removed from the register of the registered
Receivers and Special Managers by the Secretary of the
Ministry of the Minister upon:-
conviction for having committed an offence punishable with a term of imprisonment or any other conduct involving moral turpitude;
the receipt of a report from the High Court stating that he has not duly performed his functions as a
Receiver or as a Special Manager;
proof that the person is suffering from a disqualification prescribed by the Minister; or
the relevant person making a request to be relieved of functioning as a Receiver or a Special
Manager.
Upon the removal of the name of the person from the register of the registered Receivers and Special Managers, the Secretary to the Ministry of the Minster shall publish such removal in the Gazette.
The Secretary to the Ministry of the Minster shall from time to time and not less than once a year publish in the Gazette the names of persons registered as the Receivers and Special Managers.
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