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Law library · Sierra Leone · NPRC DECREE N0.1 1995

Part 1, NPRC DECREE N0.1 1995

Status not yet checkedNPRC DECREE N0.1 1995, Sierra Leone

DECREE Supplement to the Sierra Leone Gazette Vol. CXXVI, No. 4 dated 26th January, 1995 [Coat of arms] N.P.R.C. Decree No. 1 1995 Sierra Leone The Freezing of Assets (Amendment) Decree, 1995 [Margin: Short title.] Being a Decree to make further provisions for the freezing of the assets of the Extron Engineering Company Limited. [ 24th September, 1993 ] [Margin: Date of Commencement.] Pursuant to paragraph 3 of the Proclamation entitled "The Administration of Sierra Leone (National Provisional Ruling Council) Proclamation, 1992", the National Provisional Ruling Council makes and issues the following Decree:— [Margin: Commencement.] 1. This Decree shall be deemed to have come into force on the 24th day of September, 1993. [Margin: Effect of freezing order.] 2. For the purpose of the effective implementation of the provisions of the Freezing of Assets Decree, 1992, all accounts or assets frozen thereunder shall, notwithstanding any other law or order or directive to the contrary, be deemed to have been frozen from the effective date of the freezing order, and shall henceforth be at the disposal of the National Provisional Ruling Council. 2 No. 1 The Freezing of Assets (Amendment) Decree 1995 [Margin: Suspension of Court Orders, etc. N.P.R.C. Decree No. 2 of 1992.] 3. All court orders or directives whatsoever appertaining to such accounts or assets or referring to or connected with any accounts or assets frozen under the Freezing of Assets Decree, 1992, shall be suspended for the duration of the freezing order, and assets shall include sums of monies specified in judgement debts in favour of any person or body or group of persons or companies hitherto referred to as Extron Engineering Company Limited, and purported to have been registered under the Companies Act. [Margin: Cap. 249.] [Margin: No execution of judgement concerning frozen accounts and assets.] 4. In particular, all accounts and assets of the body or company or group of bodies or companies known as Extron Engineering Company Limited shall be deemed to have been frozen from the 24th day of September, 1993, and no person shall proceed to — (a) execute any judgement relating to or referring to or connected with such accounts or assets or in any way interfere with such accounts or assets; or (b) take any steps or do any act leading to such execution or any act connected therewith, except upon the specific written instructions of the National Provisional Ruling Council.

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