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CRIMINAL ASSETS CONFISCATION ACT 2005 - SECT 20

CRIMINAL ASSETS CONFISCATION ACT 2005 - SECT 20

20—Effect of freezing order

        (1)         For the purposes of a freezing order, it is irrelevant whether or not money is deposited into the account in relation to which the freezing order was made after the order takes effect.

        (2)         A freezing order does not prevent a financial institution from making withdrawals from an account for the purpose of meeting a liability imposed on the financial institution in connection with that account by any law of the State or the Commonwealth.