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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.