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12. Amendment of section 51

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Section 51 of the principal Act is amended—

(a)

by renumbering the existing section as subsection (1); and

(b)

by inserting after subsection (1) as renumbered the following subsection:

“(2)  Notwithstanding subsection (1), the amount standing to the credit of a member of the Fund under paragraph (1)(c) may be forfeited if the amount standing to the credit of such member is subject to an order of forfeiture by a court under the Anti-Money

Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 [Act 613].”.

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