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Cap. 373 · Prevention Of Money Laundering Act (Cap. 373)

Cap. 373 Art. 13BRecovery of administrative penalties.

PART I

En vigueurTexte officiel

(1) An administrative penalty, served on the subject person against whom it is imposed by means of a notice in writing, which is not appealed in accordance with the provisions of article 13A

and which is not paid within twenty days from the date of notification, shall be recoverable as a civil debt, and the notice in writing shall, upon the service of a copy thereof by means of a judicial act on the subject person indicated in the notice, constitute an executive title for all effects and purposes of Title VII of Part I of Book Second of the Code of Organization and Civil Procedure.

(2) Where the administrative penalty is appealed and is subsequently confirmed in whole or in part, the administrative penalty shall be enforceable in accordance with the procedure provided for in sub-article (1).

Historique des modifications
  • Amended by I.2020.4