← belizelaw.ai · Security Council Resolution 1617 (2005) (Enforcement) Order, Cap. 24:01s01
Section 2
Security Council Resolution 1617 (2005) (Enforcement) Order, para. 2 · Revised Edition 2020
In this Order, unless the context otherwise requires“financial assets” or “property” includes money, investments,
holdings, possessions, assets and all other property, real or personal, heritable or moveable, including things in action and other intangible or incorporeal property wherever situate (whether in Belize or elsewhere) and includes any interest in such property;
“financial institution” has the same meaning as given to it in the Money Laundering and Terrorism (Prevention) Act and means any person whose regular occupation or business is, for the account of that person, the carrying on of any activity listed in the First Schedule to this Order;
First Schedule.
“freezing” means prohibiting the transfer, conversion,
disposition or movement of property or assuming custody or control of property;
“person” means any entity, natural or juridical, including,
among others, a corporation, partnership, trust or estate, joint stock company, association, syndicate, joint venture, or other unincorporated organisation or group, capable of acquiring rights or entering into obligations.
Freezing of funds of Al- Quida, etc.
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