Anti-Money Laundering and Countering Financing of Terrorism Act 2009

If you need more information about this Act, please contact the administering agency: Ministry of Justice
89 Undertaking as to damages not required by AML/CFT supervisor

(1)

If the relevant AML/CFT supervisor applies to the High Court for the grant of an interim injunction under this subpart, the court must not, as a condition of granting an interim injunction, require the AML/CFT supervisor to give an undertaking as to damages.

(2)

However, in determining the AML/CFT supervisor’s application for the grant of an interim injunction, the court must not take into account that the AML/CFT supervisor is not required to give an undertaking as to damages.