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

89. Preliminary Report by the Receiver

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

When a property that has been seized or frozen is deemed to have been vested with a Receiver or a Special

Manager by an order of the High Court, the Receiver or

Special Manager shall as soon as practicable and not later than within seven working days submit a preliminary report to Court on the following :-

(a)

confirming whether the property seized or frozen, and vested with the Receiver or Special

Manager, is the described property in the seizure or the judicial freezing order as the case may be;

(b)

the nature, status, current location, value, and other pertinent details relating to the property seized or frozen;

(c)

the manner in which the Receiver or Special

Manager intends to protect, preserve, and manage the seized or frozen property, including the manner in which the property may be utilized so as to achieve the objectives of protection, preservation and management as contained in this Act and towards contributing towards the enhancement of the national economy, trade and commerce, and for the enhancement of its value;

(d)

if a Receiver has been appointed, whether in his opinion the appointment of Special

Manager is required for the effective protection, preservation, and management of such property;

(e)

if applicable, any expenditure to be incurred for the protection, preservation, and management of the property, and any income or return the property may generate.

Read on from s 90

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

Schedules