Singapore legislation

Clause 8

of Anti-Money Laundering and Other Matters Bill

Clause 8

Amendment of section 22

In the CDSA, in section 22 —

(a)

replace subsection (5) with —“(5) The General Division of the High Court may order any person having possession of realisable property to give possession of it to —

(a)

the Public Trustee or any receiver; or

(b)

any other person that the General Division of the High Court thinks fit.”; and

(b)

in subsection (9), after “subsection (4)(a),”, insert “(5)(b),”.

Clause 8 — Anti-Money Laundering and Other Matters Bill