Published: 25.11.2008.
On Compliance of the Words “Not Later Than Within 60 Days” of Section 32(3) of Law On the Prevention of Money Laundering and Terrorism Financing with Article 105 of the Satversme of the Republic of Latvia
Years
2008
Stages of the proceedings
Adjudicated
Outcome of the proceedings
Judgement
Type of the proceedings
Written procedure
Applicant
Person
Applicant: SIA "Vegan"
Date of the judgment: 28.05.2009.
Official publication: 02.06.2009.

On Compliance of the Words “Not Later Than Within 60 Days” of Section 32(3) of Law On the Prevention of Money Laundering and Terrorism Financing with Article 105 of the Satversme of the Republic of Latvia

Case short name: The Freezing of Financial Assets

Constitutional Court held that the words “not later than within 60 days” of the third part of Section 32 of the Law “On Prevention of Laundering of the Proceeds from Crime and Financing of Terrorism” does not comply with Article 105 of the Satversme of the Republic of Latvia and shall be declared void as from 1 January 2010.

Judgment_1 (Case No 2008-47-01)