| Number: | 14 |
| Award: | Sarasaviya Awards |
| Date: | July 19, 1986 |
| Site: | Bandaranaike Memorial International Conference Hall, Colombo 07, Sri Lanka |
| Director: | Granville Silva |
| Best Picture: | Suddilage Kathaawa |
| Most Wins: | Suddilage Kathaawa (7) |
| Network: | Associated Newspapers of Ceylon Limited |
| Most Nominations: | Suddilage Kathaawa |
| Last: | 13th |
| Next: | 15th |
The 14th Sarasaviya Awards festival (Sinhala: 14වැනි සරසවිය සම්මාන උලෙළ), presented by the Associated Newspapers of Ceylon Limited, was held to honor the best films of 1985 Sinhala cinema on July 19, 1986, at the Bandaranaike Memorial International Conference Hall, Colombo 07, Sri Lanka. Srimani Athulathmudali was the chief guest at the awards night.[1]
The film Suddilage Kathaawa won the most awards with seven including Best Film.
| Category | Film |
|---|---|
| Popular Awards from Reader Vote | |
| Obata Diwura Kiyannam | |
| Sura Duthiyo | |
| Suddilage Kathaawa | |
| Yuganthaya | |
| Wathsala Akka | |
| Adara Kathawa | |
| Araliya Mal | |