Law library · Sierra Leone · Funds and Other Related Measures) Regulations, 2013
Section 38, Funds and Other Related Measures) Regulations, 2013
Status not yet checkedFunds and Other Related Measures) Regulations, 2013, Sierra Leone
(1) Without prejudice to sub-regulation (2), of Regulation 27 and Part VIII funds accruing to a frozen account including–
(a) interest or other earning due,
(b) payment due under contracts, agreements or
obligations that were concluded before the
freezing order came into effect, and
(c) funds transferred to the account,
shall be credited as receipts from additional funds and shall
constitute part of the frozen funds and the reporting entity or
institution shall file a report of the receipt of such additional funds
with the Unit which shall report to the Committee.
(2) Where there is no existing account for the receipt of
funds as provided under these Regulations, the Unit or CISU shall
inform the Attorney-General for appropriate action to be taken in this
respect.
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