Sri Lanka Consolidated Acts

[Index] [Table] [Database Search] [Name Search] [Previous] [Next] [Help]

Prevention Of Money Laundering Act (No. 5 of 2006) - Sect 19

Protection for action taken under this Act or on direction of Authority

19.
(1) No suit or prosecution shall lie-
(a) against the Financial Intelligence Unit or any person authorised to act on behalf of the Financial Intelligence Unit for any lawful act which in good faith is done or purported to be done by the Financial Intelligence Unit or such person under this Act;
(b) against an Institution or any director, officer, servant or agent of any such Institution, acting in the course of his employment or agency or any person referred to in subsection (1) of section 3, for any lawful act which in good faith is done or purported to be done by such Institution, director, officer, servant, agent or person in the performance of any duty imposed by this Act, or on the directions of the Authority.
(2) No proceedings, civil or criminal, shall be instituted in any Court or tribunal against the Financial Intelligence Unit or any person authorised to act on behalf of the Authority in respect of any report, made in good faith, by the said Financial Intelligence Unit or such person under this Act.
(3) Any expenses incurred by the Financial Intelligence Unit in any suit or prosecution brought by, or against, the said Financial Intelligence Unit or any person authorized to act on behalf of the said Financial Intelligence Unit, before any Court or tribunal in respect of any lawful act done or purported to be done by the said Financial Intelligence Unit or a person authorised to act on behalf of the said Financial Intelligence Unit, under this Act, and any costs paid to, or recovered by, the said Financial Intelligance Unit or such person in any such suit or prosecution shall be paid out of, or credited to, as the case may be, the account of the said Financial Intelligence Unit.
(4) Any expenses incurred by an Institution or officer, servant, agent or person referred to in paragraph (b) of subsection (1) in any suit, prosecution, brought by or against such Institution or such officer, servant, agent or person before any court or tribunal in respect of any act which is done or purported to be done by such Institution or such officer, servant, agent or person under this Act, or on the direction of the Financial Intelligence Unit, shall, if the Court or tribunal holds that the act was done in good faith, be paid by the said Financial Intelligence Unit, unless such expense is recovered by such Institution or officer, servant, agent or person, in such suit or prosecution.


[Index] [Table] [Database Search] [Name Search] [Previous] [Next] [Help]