Common use of Freezing or seizure and confiscation of proceeds or instrumentalities Clause in Contracts

Freezing or seizure and confiscation of proceeds or instrumentalities. 1. The requested State shall assist, to the extent permitted by its laws, in proceedings related to freezing or seizure and confiscation of the proceeds or instrumentalities. 2. A request for the confiscation described in paragraph 1 shall be accompanied by a decision of a court or other judicial authority imposing the confiscation. 3. The requested State that has custody over proceeds or instrumentalities may transfer such proceeds or instrumentalities, in whole or in part, to the requesting State, to the extent permitted by the laws of the requested State and upon such conditions as it deems appropriate. 4. In applying this Article, the legitimate rights and interests of bona fide third parties shall be respected under the laws of the requested State.

Appears in 5 contracts

Samples: Agreement Between the European Union and Japan on Mutual Legal Assistance in Criminal Matters, Mutual Legal Assistance Agreement, Agreement Between the European Union and Japan on Mutual Legal Assistance in Criminal Matters

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