Section 24: Restraining order against third parties.

(1) Where the Commission has reason to believe that a third party is holding any property, including moneys inany bank account, for or on behalf of or to the order of a person who is under investigation, it many apply ex parte to the High Court for a restraining order to be made against such person. (2) A restraining order shall be served on the third party to whom it is directed and on the person being investigated and the Court may, in making a restraining order— a. impose such condition; or b. exempt such property from the operation thereof, as it thinks fit, but subject to paragraphs (a) and (b), the third party on whom a restraining order is served shall not dispose of or otherwise deal with any property specified in the restraining order except in accordance with the direction of the Court. (3) A restraining order made under this section shall continue in force for twelve months from the making thereof but on application by or on behalf of the Commission, the Court may cancel or extend the order for a further period of six months.