12.
| (1) No civil, criminal or disciplinary proceedings shall lie against -
| | (a) a such Institution, an auditor or supervisory authority of an Institution ; or | | |
| | (b) a director, partner, an officer, employee or agent acting in the course of that person's employment or agency of an Institution, firm of Auditors or of a supervisory authority, | | |
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| (2) The provisions of subsection (1) shall not apply in respect of any proceedings for an offence described in section 8 of this Act. |
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| (3) If an Institution, firm of auditors or supervisory authority or any director, partner, officer, employee or agent, of any Institution, firm or authority or makes a report under the provisions of this Act, such person shall for the purposes of a prosecution for the offence of money laundering, be deemed not to have been in possession of that information at any time. |
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Sri Lanka Consolidated Acts