CRIME (CONFISCATION OF PROFITS) ACT 1993 - SECT 147 Proceeds from sale of restrained property
CRIME (CONFISCATION OF PROFITS) ACT 1993 - SECT 147
Proceeds from sale of restrained property
If property of a person named in a specified restraining order is restrained property and is sold under this Part, the proceeds of the sale (a) are the property of that person; and(b) are restrained property; and(c) are available and may be used, or are at risk of forfeiture, under this Act to satisfy the unexplained wealth liability of that person.