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Application, etc., of freezing co-operation orders.
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36.— (1) A freezing co-operation order may apply—
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(a) where particular property is specified in the external freezing order, to the property so specified, and
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(b) in any other case—
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(i) to realisable property held by a specified person, whether the property is described in the freezing co-operation order or not, and
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(ii) to any realisable property held by a specified person, being property transferred to the person after the external freezing order was made.
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(2) A freezing co-operation order may make such provision as the Court thinks fit for the living expenses and legal expenses of the person possessing the property concerned.
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(3) The Court—
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(a) may at any time appoint a receiver—
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(i) to take possession of any realisable property to which a freezing co-operation order applies, and
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(ii) in accordance with the Court’s directions, to manage or otherwise deal with the property, subject to such exceptions and conditions as it may specify,
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and
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(b) may require any person having possession or control of the property to give up possession of it to the receiver.
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(4) Where the Court has made a freezing co-operation order, a member of the Garda Síochána or an officer of customs and excise may seize any realisable property for the purpose of preventing its removal from the State.
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(5) Property taken possession of under subsection (4) shall be dealt with in accordance with the Court’s directions.
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