OpenLegislation

Paragraph 3

(1)

A freezing order must include provision as to the meaning (in relation to funds) of making available to or for the benefit of a person.

(2)

In particular, an order may provide that the expression includes—

(a)

allowing a person to withdraw from an account;

(b)

honouring a cheque payable to a person;

(c)

crediting a person’s account with interest;

(d)

releasing documents of title (such as share certificates) held on a person’s behalf;

(e)

making available the proceeds of realisation of a person’s property;

(f)

making a payment to or for a person’s benefit (for instance, under a contract or as a gift or under any enactment such as the enactments relating to social security);

(g)

such other acts as the order may specify.