CRIMINAL ASSETS CONFISCATION ACT 2005 - SECT 55

CRIMINAL ASSETS CONFISCATION ACT 2005 - SECT 55

55—Declaration by court in relation to buying back interests in forfeited property

A court that makes a forfeiture order may, if satisfied that—

            (a)         it would not be contrary to the public interest for a person's interest in the property to be transferred to the person; and

            (b)         there is no other reason why the person's interest should not be transferred to the person,

by order—

            (c)         declare the nature, extent and value (at the time when the order is made) of the person's interest; and

            (d)         declare that the interest may be excluded under section 72 from the operation of the forfeiture order.