All provisions · AML/CFT Act (Cap. 251) · Part Ix: Restraint, seizure and forfeiture
71 Immunity of Receiver
Where a receiver appointed under section 69(7) takes any action—
(a) in relation to any property which is not a realisable property, being action which he or she would be entitled to take if it is a realisable property;
(b) believing, and having reasonable grounds that he or she is entitled to take that action in relation to that property, no action shall lie against the receiver for anything done in good faith in the discharge of his duties or functions vested on him under this Act.
(a) in relation to any property which is not a realisable property, being action which he or she would be entitled to take if it is a realisable property;
(b) believing, and having reasonable grounds that he or she is entitled to take that action in relation to that property, no action shall lie against the receiver for anything done in good faith in the discharge of his duties or functions vested on him under this Act.
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)
