Money Laundering and Proceeds of Crime Act Act No. 4/2013 orders its continued detention for a period not exceeding three months from the date of the initial seizure. (3) A magistrate or justice of the peace may subsequently order continued detention of the property if satisfied of the matters set forth in subsection (2), but the total period of detention shall not exceed two years from the date of the order made under that subsection. (4) Subject to subsection (5), upon application by or on behalf of a person whose property is detained under this section, such property may be released in whole or in part to that person by a order of— (a) a magistrate having jurisdiction in the area where the property was seized or being detained, where the original detention was ordered by a justice of the peace; or (b) or a magistrate senior in rank to the magistrate who originally ordered the detention having jurisdiction in the area where the property was seized or being detained; if the magistrate is satisfied, after considering any views of the Director of Public Prosecutions, that its continued detention is no longer justified. (5) Property detained under this section shall not be released if an application for restraint, confiscation or forfeiture of the property is pending under Chapter ____ , or if proceedings have been instituted in Zimbabwe or elsewhere against any person for an offence with which the property is connected, unless and until the proceedings on the application or the proceedings related to an offence have been concluded. If the application relates to property that is commingled with other property, the commingled property is subject to continued detention under this section. (6) A prosecutor may apply for the forfeiture of any property which has been seized and detained under this section to— (a) the magistrate having jurisdiction in the area where the property was seized or being detained, where the original detention was ordered by a justice of the peace; or (b) a magistrate having jurisdiction in the area where the property was seized or being detained who is senior in rank to the magistrate who originally ordered the detention; and the magistrate shall order forfeiture of such property if satisfied on a balance of probabilities that the property directly or indirectly represents— (a) terrorist property; or (b) the proceeds of crime or an instrumentality used or intended for use in the commission of an offence. (7) Before making an order of forfeiture under subsection (6), the court shall order that notice be provided to any person who has asserted an interest in the property and provide an opportunity for that person to be heard. CHAPTER III OBLIGATIONS OF FINANCIAL INSTITUTIONS AND DESIGNATED NON-FINANCIAL BUSINESSES OR PROFESSIONS PART I CUSTOMER IDENTIFICATION AND ACCOUNT OPENING REQUIREMENTS 13 Interpretation in Part I of Chapter III In this Chapter and elsewhere— “account” means any facility or arrangement by which a financial institution or a designated non-financial business or profession does any of the following— (a) accepts deposits of funds or other assets; or - 19 -