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FEDERAL COURT OF AUSTRALIA ACT 1976 - SECT 58FD When forfeiture orders take effect

FEDERAL COURT OF AUSTRALIA ACT 1976 - SECT 58FD

When forfeiture orders take effect

  (1)   A forfeiture order never takes effect if it is set aside on appeal.

  (2)   If the forfeiture order is not set aside on appeal, it takes effect:

  (a)   if a notice of appeal was not filed in relation to the order--at the end of the time for filing such a notice under section   30AF; or

  (b)   otherwise--when the appeal is finally disposed of.

Note:   If a forfeiture order is varied on appeal, it will take effect as varied.

  (3)   If a forfeiture order takes effect, the Chief Executive Officer must give written notice that it has taken effect to:

  (a)   the person who provided the security forfeited by the order; and

  (b)   each other person (if any) who objected to the making of the order in relation to that security.