அதிகாரப்பூர்வ மொழிபெயர்ப்புDepartment of Government Printing-இலிருந்து, மாற்றமின்றி
(1)
The Director may at any time where a person is being investigated in terms of subsection (1) of section 42, issue an order (hereinafter referred to as a “Freezing Order”)
for any one or more of the following:-
(a)
prohibiting such person from disposing assets of such person or any part thereof;
(b)
prohibiting such person from entering into any transaction or class of transactions as may be determined by the Director;
(c)
prohibiting such person from soliciting or mobilizing deposits;
(d)
prohibiting any transaction in relation to any account, property or investment as may be determined by the Director.
(2)
The Director may at any time where a body of persons is investigated in terms of subsection (1) of section 42, issue, if such body of persons is-
(i)
a body corporate, on any director, or manager of that body corporate;
(ii)
a firm, on any partner of that firm;
(iii)
an unincorporate body other than a firm, on any member of such body, or any officer of that body responsible for its management and control, a Freezing Order for any one or more of the following:-
(a)
prohibiting such person from disposing assets of such person or any part thereof;
(b)
prohibiting such person from entering into any transaction or class of transactions as may be determined by the Director;
(c)
prohibiting such person from soliciting or mobilizing deposits;
(d)
prohibiting any transaction in relation to any account, property or investment as may be determined by the Director.
(3)
Subject to the provisions of section 45, a Freezing
Order issued under subsections (1) and (2) shall not be in force for a period exceeding seven days of the issuing thereof.