(1) The High Court may by order (in this Act referred to as a "freezing order") prohibit any person from dealing with any realisable property, subject to such conditions and exceptions as may be specified in that order.

(2) Without prejudice to the generality of subsection (1) of this section, a freezing order may make such provision as the court thinks fit for living expenses and legal expenses.

(3) A freezing order may apply -

(a) to all realisable property held by a specified person, whether the property is described in the order or not, and

(b) to realisable property held by a specified person, being property transferred to him after the making of the order.

(4) A freezing order -

(a) may be made only on an application by the Director of Public Prosecutions, which may be made ex parte and otherwise than in public, and

(b) shall provide for notice (which shall include the reasons for the making of the order) to be given to persons affected by the order.

(5) A freezing order -

(a) may be discharged or varied in relation to any property, and