Crime (Confiscation of Profits) Act 1993
105Suspension orders
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105 Suspension orders
[Section 105 Inserted by No. 60 of 2013, s. 12, Applied:01 Mar 2014] On hearing an application under section 104 , the Supreme Court may make a suspension order, in relation to a financial organisation specified in the application, that requires that financial organisation to do one or more of the following:
(a) to notify the DPP immediately of any transaction that has been initiated in connection with an account –
(i) specified in the order; or
(ii) held with the organisation by a person specified in the order;
(b) to notify the DPP immediately if there are reasonable grounds for suspecting that a transaction is about to be initiated in connection with an account –
(i) specified in the order; or
(ii) held with the organisation by a person specified in the order;
(c) to refrain from completing or effecting a transaction referred to in paragraph (a) or (b) for 48 hours.