All provisions · AML/CFT Act (Cap. 251) · Part X: Pecuniary penalty order

88 Increase in amount of pecuniary penalty order when the value of realisable property increases

(1) This section shall apply where the amount ordered to be paid under a pecuniary penalty order is less than the amount assessed to be the value of the benefit that has been derived from the criminal conduct.
(2) On an application submitted by the Attorney-General or a prosecutor on behalf of the Anti-Corruption Commission of Seychelles, if the Court is satisfied that the amount that may be realised is more than the amount that was taken into account in making the pecuniary penalty order, the Court may increase the amount to be paid under the pecuniary penalty order, as it may consider appropriate in the circumstances of the case.

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)

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