Singapore legislation

Clause 15

of Anti-Money Laundering and Other Matters Bill

Clause 15

Amendment of section 364

In the Criminal Procedure Code 2010, in section 364, replace subsection (4) with —“(4) In this section and sections 370, 371 and 372, “property” includes not only property that was originally in the possession or under the control of a party to the case, but also —

(a)

property into or for which it has been converted or exchanged and anything acquired by this conversion or exchange, whether immediately or later; and

(b)

the net proceeds of the sale of that property where an order for sale of the property is made under section 35(8A).”.