—(1) The Attorney-General may request the appropriate authority of a foreign country to make arrangements —
for the enforcement and satisfaction of a Singapore confiscation order; or
where a Singapore confiscation order may be made in criminal proceedings which have been or are to be instituted in Singapore, to restrain dealing in any property against which the order may be enforced or which may be available to satisfy the order,
if the Attorney-General is satisfied that there are reasonable grounds for believing that some or all of the property concerned is located in that country.
(2) Where —
the Singapore confiscation order requires the payment of a specified amount; and
property is recovered in a foreign country pursuant to a request under subsection (1),
that specified amount shall be reduced by the value of property so recovered.
(3) A certificate purporting to be issued by or on behalf of the appropriate authority of a foreign country stating —
that property has been recovered in the foreign country pursuant to a request under subsection (1); or
the value of the property or the date on which it was recovered,
shall, in any judicial proceedings, be admissible as evidence of the matter so stated.
(4) Where the value of property recovered is expressed in a currency other than that of Singapore, the extent to which the amount payable under the Singapore confiscation order is to be reduced under subsection (3) shall be calculated on the basis of the exchange rate prevailing on the date on which the property was recovered in the foreign country concerned.
(5) For the purposes of subsection (4), a certificate purporting to be issued by the Monetary Authority of Singapore and stating the exchange rate prevailing on a specified date shall be admissible in any judicial proceedings as evidence of the matter so stated.