Proceeds of Crime Act 2025 · As enacted · Part V · Proceeds of Crime Management authority
96. Establishment of the Proceeds of Crime Management Authority
Official English translation. Where it differs from the Sinhala or Tamil text, the Act itself says which text prevails.
Official translationFrom Department of Government Printing, unchanged
There shall be established an authority which shall be called and known as the Proceeds of Crime Management
Authority for the purposes of this Act.
The Authority shall by the name assigned to it by this
Act, be a body corporate and shall have perpetual succession and a common seal and may sue and may be sued in such name.
The Authority shall have duties, functions and powers specified by this Act or by any other written law for the accomplishment of the objects of this Act and for the discharge of duties, performance of functions and the exercise of powers conferred on it under this Act.
The Authority may also be vested with legal authority by any other written law or by an order of a competent court of law for the purposes of the protection, preservation and management of proceeds of crime or any other thing relating to pending of future criminal proceeding which may come under the purview of any other written law and or as specified by a judicial order:
Provided however, court shall recognize that the primary responsibility of the Authority shall be to protect, preserve and manage proceeds of crime under this Act.
The Authority shall possess the power to protect, preserve, and manage, property submitted to the Authority by court classified as property in respect of which offences have been committed and property the ownership of which has not been claimed. The Authority shall take necessary steps to protect, preserve and manage such property pending further order by court.
The Authority shall perform, discharge and exercise its duties, functions and powers without being subject to any direction or other interference from any other person except a court entitled under law to direct or supervise the Authority in the performance, discharge and exercise of such duties, functions and powers.
Any interference or obstruction in the performance, discharge or exercise of the duties, functions or powers vested in the Authority by this Act without lawful authority to do so shall constitute an offense in terms of this Act.
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