(1) The Executive Director shall issue a freezing notice as in Form 11 of the Second Schedule which shall be confirmed by the Court within fourteen days after issuance.

(2) The Executive Director shall issue a notice of confirmation of freezing as in Form 12 of the Second Schedule after procuring an order confirming the freezing of assets

(3) A notice of freezing and a notice of confirmation of freezing shall be served directly on the person who owns, has possession of, or is in the direct control of the property.

(4) The notice of freezing or notice of confirmation of freezing may also be served on the Bank of Ghana and any financial institution to assist the Office in the freezing of a bank account.

(5) The Executive Director may request the Court to include in a freezing confirmation order to be served on the Bank of Ghana or financial institution;

(a)   the bank account details of the suspect,

(b)   the account opening details of the bank account, and

(c)  details of the transactions by a financial institution which have been made or intended to be made on the account.

(6)   A notice of confirmation of freezing shall be served on the official liquidator of a company holding realisable property when the company is being wound up.

(7) A person who uses tainted property, despite a notice of freezing or notice of confirmation of freezing, commits an offence and is liable on summary conviction to a fine of not more than five hundred penalty units or a term of imprisonment of not more than one year or to both.