All provisions · AML/CFT Act (Cap. 251) · Part Ix: Restraint, seizure and forfeiture
68 Circumstances in which court may make restraint order
(1) The Court may make a restraint order where—
(a) proceedings have been initiated in Seychelles against a person for criminal conduct or an application has been filed under Part VIII or under this Part and the proceedings are pending consideration by the court; or
(b) either a pecuniary penalty order has been made or it appears to the Court that there are reasonable grounds for a pecuniary penalty order is being made in the proceedings or an application being filed by the Attorney-General or a prosecutor on behalf of AntiCorruption Commission of Seychelles under Part X; or
(c) the Court is satisfied that proceedings are being instituted against a person for criminal conduct in respect of which a pecuniary penalty order may be made under Part X.
(2) Where the Court has made an order under Part X, the Court shall vacate the restraint order issued under subsection (1), if the proceedings in respect of the criminal conduct are not instituted or the relevant application is not submitted within such time as the court may fix the same in the restraint order passed under subsection (1).
(a) proceedings have been initiated in Seychelles against a person for criminal conduct or an application has been filed under Part VIII or under this Part and the proceedings are pending consideration by the court; or
(b) either a pecuniary penalty order has been made or it appears to the Court that there are reasonable grounds for a pecuniary penalty order is being made in the proceedings or an application being filed by the Attorney-General or a prosecutor on behalf of AntiCorruption Commission of Seychelles under Part X; or
(c) the Court is satisfied that proceedings are being instituted against a person for criminal conduct in respect of which a pecuniary penalty order may be made under Part X.
(2) Where the Court has made an order under Part X, the Court shall vacate the restraint order issued under subsection (1), if the proceedings in respect of the criminal conduct are not instituted or the relevant application is not submitted within such time as the court may fix the same in the restraint order passed under subsection (1).
Official source: Anti-Money Laundering and Countering the Financing of Terrorism Act (Cap. 251), Act 5 of 2020, Revised Edition as at 17 January 2025 (Acts 5 of 2020, 7 of 2021, 8 of 2021, 62 of 2021, 9 of 2022, 12 of 2024, S.I. 145 of 2020)
