(b) the expiration of 3 business days after the S. 31H(2)(b) day on which the freezing order took amended by No. 68/2010 effect— s. 16(1). whichever occurs first. 31I Extension of freezing orders S. 31I inserted by No. 63/2003 (1) A person who applied for a freezing order may s. 10. apply to the Magistrates' Court for an extension of the duration of that freezing order. (2) On an application under subsection (1), the Magistrates' Court— (a) must have regard to the matters set out in section 31F(2); and (b) must not extend the duration of a freezing order unless the Court is satisfied that— (i) an application for a restraining order or S. 31I(2)(b)(i) amended by a civil forfeiture restraining order in No. 68/2010 respect of the money in the account has s. 48(2)(a). been made; and (ii) the application for the restraining order S. 31I(2)(b)(ii) amended by or the civil forfeiture restraining order No. 68/2010 has not been determined. s. 48(2)(b). (3) If the Magistrates' Court extends the duration of a freezing order, the applicant for the extension must give a written notice to the relevant financial institution stating that— (a) the duration of the freezing order has been extended; and (b) the extended freezing order ceases to be in force— (i) when a restraining order or a civil S. 31I(3)(b)(i) amended by forfeiture restraining order is made in No. 68/2010 respect of the money in the account to s. 48(2)(c). which the freezing order applies; or
S. 31H(2)(b) amended by No. 68/2010 s. 16(1). (b) the expiration of 3 business days after the day on which the freezing order took effect— whichever occurs first. S. 31I inserted by No. 63/2003 s. 10. 31I Extension of freezing orders (1) A person who applied for a freezing order may apply to the Magistrates' Court for an extension of the duration of that freezing order. (2) On an application under subsection (1), the Magistrates' Court— (a) must have regard to the matters set out in section 31F(2); and (b) must not extend the duration of a freezing order unless the Court is satisfied that— S. 31I(2)(b)(i) amended by No. 68/2010 s. 48(2)(a). (i) an application for a restraining order or a civil forfeiture restraining order in respect of the money in the account has been made; and S. 31I(2)(b)(ii) amended by No. 68/2010 s. 48(2)(b). (ii) the application for the restraining order or the civil forfeiture restraining order has not been determined. (3) If the Magistrates' Court extends the duration of a freezing order, the applicant for the extension must give a written notice to the relevant financial institution stating that— (a) the duration of the freezing order has been extended; and (b) the extended freezing order ceases to be in force— S. 31I(3)(b)(i) amended by No. 68/2010 s. 48(2)(c). (i) when a restraining order or a civil forfeiture restraining order is made in respect of the money in the account to which the freezing order applies; or
97-108a082.docx