No.1 2018 of the account or accounts of any person (hereinafter called '"the sanctioned person") reasonabl) suspected of \'iolatin,? any proYision of this Act. the !::\change Control .\ct !Ciwpler 22:051 or the \loney I ,aundering Act. (2) The temporary freet.ing order shall prevent-(a) the sanctioned person or any person acting on his or her behalf in \\hate,er capacity from(i) (ii) operating any account affected by the order; or opening any account with same oranyothertinancial institution; and (b) the financial institution where the account of the sanctioned person is held from authorising or executing any transactions through that account. whether at the instance of the sanctioned person or not; without the express approval of the Director gi,en subject to the conditions specified by the Director. (3) Within the period of the temporary freezing order. or any extension of the freezing order as the court may allow. the Director may apply to a magistrate's court for a freezing order in respect of the sanctioned person for any definite or indefinite pctiod: (-J.) An application for a freezing order shall he in \\'riting and shall be supported by an affidavit of the Dirt~ctor indicating that the Director believes. and the grounds for his or her belief, that the account is concemed in any violation of or is being used for violating any cited provision of this Act, the Exchange Control Act IChaprer 22:051 or the "toney Laundering Act. (5) An application for a freezing order may include an application for an order by the court limiting or rcstticting attendance at the court and puhlication of its proceedings in te1ms of the ( :om1s and Adjudicating Authorities (Publicity Restriction) Act IChapler 7:04]. (6) The com1 may make a freezing order fix any definite or indefinite peti<xl in relation to any one or more accounts referred to in an application brought under tllis section where it is satisfied that there arc reasonahle grounds to believe that the account or accounts in question are concemed in any violation of or are being used for violating any cited proYision of this Act. the Exchange Control Act [Chapler 22:051 or the \Ioney Laundering Act: Provided that(a) no freezing order may be issued for a definite period exceeding twelve months without the Director applying for an extension of the order in the same way that he or she applied for the original order; (b) a freezing order issued f(x an indefinite petiod shall lapse at the end of the t wclfth month on the d:'1te after was issued unless the Director applies (in the same way that he or she applied for the miginal order) for a rene\Yal of the order or for an order having effect for a definite period. (7) The temporary freezing order shall prevent-(a) the sanctioned person or any person acting on his or ht~r behalf in whate\'er capacity from--J.l

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