Order on the Seizure, Freezing, or Attachment of Funds Related to Terrorists or Terrorist Financing
关于扣留、查封或冻结与恐怖分子或资助恐怖主义有关资金的命令
ຄຳສັ່ງ ວ່າດ້ວຍ ການກັກ, ການຍຶດ ຫຼື ການອາຍັດ ທຶນທີ່ພົວພັນກັບຜູ່ກໍ່ການຮ້າຍ ຫຼື ການສະໜອງທຶນໃຫ້ແກ່ການກໍ່ການຮ້າຍ
Summary
This order, issued by the Prime Minister of Laos, stipulates procedures and measures for freezing, seizing, and handling funds related to terrorists or terrorist financing, and specifies determination of relevant persons, unfreezing, and penalties.
Articles
Article 1
The National Committee for Anti-Money Laundering and Counter-Financing of Terrorism (AML/CFT Committee), ministries, ministry-equivalent organizations, local administrative authorities, reporting entities, relevant individuals, legal persons, and organizations are tasked with detaining, seizing, freezing, or disposing of funds related to terrorists or the financing of terrorism, and determining the list of persons related to terrorists or the financing of terrorism, in accordance with the steps and methods prescribed in this Order.
Article 2
Funds subject to seizure, attachment, or freezing refer to funds with the following connections as specified in Article ( ), paragraph 5 of the Anti-Money Laundering and Anti-Terrorist Financing Law:
2.1 Funds owned by, or wholly or partially in the direct or indirect possession or control of, persons listed in connection with terrorists or terrorist financing, and proceeds derived from such funds;
2.2 Funds owned, possessed, or controlled by individuals, legal persons, or organizations that hold ownership on behalf of listed persons or are under their control or direction;
2.3 Funds that have been provided or are intended to be provided for terrorist activities, including funds obtained from acts of terrorism.
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