The courts competent to issue the preservation order are the district courts (eparchiaká dikastíria).
District Court of Nicosia
District Court of Limassol
District Court of Larnaca
District Court of Paphos
District Court of Famagusta
The authority designated as competent to obtain account information is the Central Bank.
John Kennedy Avenue 80
or P.O. Box 25529, 1395 Nicosia
Tel.: +357 22714100
Fax: +357 22714959
The information is provided by the banks or credit institutions to the information authority defined in Article 6(2A) of the Central Bank of Cyprus Laws of 2002 to 2017, namely the Central Bank of Cyprus (Article 14(5)(a) of Regulation (EU) No 655/2014).
An appeal against a decision of a district court may be lodged with the Supreme Court.
The authority competent for carrying out the above is the Ministry of Justice and Public Order.
The authority competent to enforce the order pursuant to Article 23(2) of Regulation (EC) No 655/2014 is the bailiff (dikastikós epidótis).
There is no national legislation governing the question of the preservation of joint and nominee accounts in civil and commercial cases. A party wishing to preserve such an account makes the appropriate application to the court, and it is the court, under its more general powers, that orders - or does not order - the preservation of part or all of the amount, having regard to all the circumstances of the case.
There are no specific rules regulating and exempting such amounts in civil and commercial cases, except for amounts that are preserved on the basis of criminal proceedings, which are exempted from preservation and attachment for the purpose of collecting tax due under Article 9(B) of the Tax Collection Laws of 1962 and 2014 and paragraph 13 of Annex X to the Value Added Tax Laws of 2000 to 2014 .
There is no specific provision based on national law prohibiting the charging of such fees by banks that impose them on account holders.
There are no costs.
There is no provision.
District courts, as with Article 50(1)(a)
An appeal against a decision of a district court can be brought before the Supreme Court (Article 21) within 42 days, as provided for in Order 35(2) of the Rules of Civil Procedure. An appeal against an interim decision has to be made within 14 days from the date of issue of the interim decision
The detailed costs can be found by clicking on the following link, at pages 19-30.
In addition to Greek, translation of the documents into English is accepted.
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