(1) This section applies if—
(a) an account freezing order under section 29S is made; and
(b) the money held in the account to which the order applies is not forfeited under an account forfeiture notice.
(2) A person by or for whom the account to which the account freezing order applies, may make an application to the Court for compensation.
(3) Where the Court is satisfied that the person making the application has suffered loss as a result of the making of an account freezing order and that the circumstances are exceptional, the Court may order compensation to be paid to that person.
(4) The amount of compensation to be paid is the amount the Court thinks reasonable, having regard to the loss suffered and any other relevant circumstances.
(5) Compensation is to be paid from the Fund.
(Inserted by Act 18 of 2023)