PROCEEDS OF CRIME (RECOVERY AND MANAGEMENT) ACT

Section 37: Property subject to a restraint order.

2022Section 37 of 83Federal Republic of Nigeria

A restraint order may be made in respect of —
a such realisable property as may be specified in the restraint order and held by the person against whom the order is made;
b all realisable property held by the person against whom the restraint order is made, whether specified in the order or not;
c specified property of another person that is subject to the effective control of the relevant person, whether that other person’s identity is known;
d specified property of the relevant person that is in the custody of another person which are proceeds of the offence or an instrumentality of the offence, whether that other person’s identity is known;
e all property which, when it is transferred to a person referred to in paragraph (d) after the making of the restraint order, would be a realizable property; and
f affected gifts made by the relevant person.

Cite this section

Section 37, PROCEEDS OF CRIME (RECOVERY AND MANAGEMENT) ACT (2022).

https://repo.podus.ai/laws/proceeds-of-crime-recovery-and-management-act/section/37/