Sri Lanka Consolidated Acts

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Prevention Of Money Laundering Act (No. 5 of 2006) - Sect 10

High Court to permit essential and legitimate transactions

10. In confirming a Freezing Order made under section 7, the High Court may on an application made in that behalf, if it is of opinion that such an Order could damage legitimate business or other interests of any person affected thereby, and that essential transactions relating to such account, property or investment as may have been prohibited by such Freezing Order may be legitimately carried out, make order permitting the carrying on of such transactions subject to supervision by and under the direction of a person appointed in that behalf by Court or of a receiver appointed in that behalf under section 11.


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