Provisional attachment orders clarify definitions and roles for issuing and enforcing provisional attachments under anti money laundering rules. Rules define key terms for the provisional attachment mechanism: "Act" as the governing statute; "Adjudicating Authority" as the appointed decision maker; ... Summary
Provisional attachment orders clarify definitions and roles for issuing and enforcing provisional attachments under anti money laundering rules.
Rules define key terms for the provisional attachment mechanism: "Act" as the governing statute; "Adjudicating Authority" as the appointed decision maker; "Authorized Officer" as an officer empowered by the Director to exercise powers under the Act; "Director" as the statutory head; and Proceeds of Crime, Provisional Attachment Order, the Schedule and Sections as adopted from the Act. Terms not defined in the Rules take their meanings from the Act to ensure consistent interpretation.
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