New South Wales Consolidated Acts

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CRIMINAL ASSETS RECOVERY ACT 1990 - SECT 32

Establishment and use of Proceeds Account

32 Establishment and use of Proceeds Account

(1) The Treasurer is to establish in the Special Deposits Account at the Treasury an account called the Confiscated Proceeds Account.
(2) To the credit of the Proceeds Account there is to be paid the money required by this or any other Act to be paid to the Proceeds Account.
(3) From the Proceeds Account there is to be paid:
(a) to the Treasurer-the amounts from time to time determined by the Treasurer in consultation with the Minister as payable for the purpose of administering this Act, and
(a1) to the Public Trustee-such amounts from time to time as the Treasurer is satisfied the Public Trustee is entitled to be paid under section 19, and
(b) any amount required to be paid in accordance with an order of the Supreme Court under this Act, and
(c) to the credit of the Victims Compensation Fund established under the Victims Compensation Act 1996 -such amounts as are determined by the Treasurer in consultation with the Minister, and
(d) other amounts in aid of law enforcement, victims support programs, crime prevention programs, programs supporting safer communities, drug rehabilitation or drug education as directed by the Treasurer in consultation with the Minister.



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