CRIMINAL PROCEEDS CONFISCATION ACT 2002 - SECT 27 Property may again become illegally acquired property or serious crime derived property
CRIMINAL PROCEEDS CONFISCATION ACT 2002 - SECT 27
Property may again become illegally acquired property or serious crime derived property27 Property may again become illegally acquired property or serious crime derived property
If property that was, but is no longer, illegally acquired property or serious crime derived property is again acquired by the person who owned it when it had that character, the property again becomes property of that character unless it is acquired by the person under an order under this Act.
Note—For an example of the practical operation of this provision, see schedule 1 , part 1 , example 2.