Law library · Sierra Leone · The Payment Systems Act, 2009
Section 31, The Payment Systems Act, 2009
Status not yet checkedThe Payment Systems Act, 2009, Sierra Leone
Notwithstanding anything to the contrary in any enactmentrelating to insolvency or bankruptcy, the winding up or administration
of a participant in a Central Bank system or a designated system shall
not affect the finality or irrevocability of any payment or transfer
which became final and irrevocable in terms of Part V before the copy
of the relevant order was lodged with the Central Bank.
Winding up or
administration
of participant
not to affect
finality of
prior
settlement.
Admissibility
of evidence.
Central Bank
to be notified
of winding up,
etc.
Read the whole lawDownload PDFAsk Tima what this means
Check the current official version before relying on this text. MiLAWYER shares legal information, not legal advice.