Law Decree No. 45 of 2022 Amending Law Decree No. 39 of 2022 Concerning the Combating of Money Laundering and the Financing of Terrorism

ps.pna.lab.mjr
Official Gazette 8 Reference Number: 194-9-2022 Issue No. 194 2022/09/25

Law Decree No. (45) of 2022
Amending Law Decree No. (39) of 2022
Concerning the Combating of Money Laundering and the Financing of Terrorism

President of the State of Palestine
President of the Executive Committee of the Palestine Liberation Organization

Based on the Basic Law of the Palestine Liberation Organization, and the amended Basic Law of 2003 and its amendments, and after reviewing Law Decree No. (39) of 2022 concerning the combating of money laundering and the financing of terrorism, and the Criminal Procedure Law No. (3) of 2001 and its amendments, and the Penal Code No. (16) of 1960 in force in the Northern Governorates and its amendments, and the Penal Code No. (74) of 1936 in force in the Southern Governorates and its amendments, and Law Decree No. (10) of 2018 concerning cybercrimes and its amendments, and Law Decree No. (9) of 2010 concerning banks and its amendments, and Law Decree No. (42) of 2021 concerning companies, and the Securities Law No. (12) of 2004, and the Law Regulating the Accounting Profession No. (9) of 2004 and its amendments, and the Law Regulating the Legal Profession No. (3) of 1999 and its amendments, and the Customs and Taxes Law No. (1) of 1962 and its amendments, and Law No. (1) of 2000 concerning charitable associations and civil society organizations and its amendments, and the Anti-Corruption Law No. (1) of 2005 and its amendments, and Law Decree No. (18) of 2015 concerning the combating of narcotics and psychotropic substances and its amendments, and pursuant to the powers delegated to us, for the public interest, and to achieve we hereby issue the following Law Decree:

Article (1)
Reference is made to Law Decree No. (39) of 2022 concerning the combating of money laundering and the financing of terrorism, for the purpose of implementing this amendment to the principal law.

Article (2)
Paragraph (1) of Article (47) of the principal law is amended to read as follows:

1. Without prejudice to the provisions of this Law Decree and the rights of bona fide third parties, and upon request
   from the Public Prosecutor, the Court of First Instance or the competent court hearing the case, or the competent court hearing the case in the event of its referral, without prior notice, to decide on imposing a provisional seizure, and the decision on the provisional seizure shall be subject to appeal. The provisional seizure decision is appealable

ps.pna.lab.mjr
Official Gazette 9 Reference Number: 194-9-2022 Issue No. 194 2022/09/25

Article (3)
All provisions conflicting with the provisions of this Law Decree are repealed.

Article (4)
All competent authorities shall, each within its respective jurisdiction, implement the provisions of this Law Decree, which shall take effect from the date of its issuance, and be published in the Official Gazette.

Issued in Ramallah on: 2022/09/10 Gregorian
Corresponding to: 14 Safar 1444 Hijri

Hamoud Abbas
President of the State of Palestine
President of the Executive Committee of the Palestine Liberation Organization