Skip to content
Contents

Part V · Proceeds of Crime Management authority

98. Management and administration of the Authority

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

(1)

The management and administration of the affairs of the Authority shall be vested in a Board of Directors

(hereinafter referred to as the “Board”).

(2)

The Board shall, for the purpose of the management and administration of the affairs of the Authority, perform, discharge and exercise the duties, functions and powers conferred or assigned to or imposed on the Authority by this

Act.

(3)

The Board shall consist of –

(a)

the following ex-officio members:-

(i)

an officer of the Ministry of the Minister not below the rank of a Senior Assistant Secretary nominated by the Secretary to that Ministry;

(ii)

an officer of the Ministry of the Minister assigned the subject of Finance not below the rank of a Senior Assistant Secretary nominated by the Secretary to that Ministry;

(iii)

an officer of the Ministry of the Minister assigned the subject of Public Administration not below the rank of a Senior Assistant

Secretary nominated by the Secretary to that

Ministry;

(iv)

a representative of the Inspector General of

Police holding the rank of Deputy Inspector

General of Police recommended by the

National Police Commission; and

(b)

seven other members (hereinafter referred to as the “appointed members”) appointed by the

Minister in the following manner-

(i)

a Chartered Accountant in consultation with the Institute of the Chartered Accountants of

Sri Lanka;

(ii)

an Engineer in consultation with the Institute of Engineers of Sri Lanka;

(iii)

an Attorney-at-Law in consultation with the

Bar Association of Sri Lanka;

(iv)

a Chartered Valuer in consultation with the

Institute of Valuers of Sri Lanka;

(v)

a person qualified and experienced in management in consultation with the Ceylon

Chamber of Commerce; and

(vi)

two persons from reputed non-politically aligned civil society organizations of which the mandate shall include the development of transparency, strengthening of anti-corruption measures or advancement of objectives of criminal justice in consultation with the Minister assigned the subject of

Social Services.

(4)

The Organizations referred to herein shall when their opinion is sought by the Minister nominate in its opinion the most appropriate member.

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