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CONFISCATION ACT 1997 - SECT 31 State to pay restitution and compensation out of forfeited property etc.

CONFISCATION ACT 1997 - SECT 31

State to pay restitution and compensation out of forfeited property etc.

    (1)     If—

S. 31(1)(a) repealed by No. 43/1998

s. 15(1)(a).

    *     *     *     *     *

S. 31(1)(b) amended by No. 44/2022 s. 54(1).

        (b)     property is forfeited by or under this Act, or a pecuniary penalty order is made, in relation to an offence; and

S. 31(1)(c) amended by No. 44/2022 s. 54(2).

        (c)     an order for restitution or compensation is made under the Sentencing Act 1991 in relation to that offence or a related offence or damages are awarded in relation to that offence or a related offence—

the State must satisfy, subject to subsection (2), to the value of the property forfeited or the amount of the penalty paid (less conversion costs), the order for restitution, compensation or damages.

S. 31(2) inserted by No. 43/1998

s. 15(2).

    (2)     If, in relation to an offence, the value of the property forfeited and the amount of the penalty paid (less conversion costs) are less than the sum of orders for restitution, compensation or damages, the State must pay to each person awarded restitution, compensation or damages an amount calculated in accordance with the formula—

F 97-108a09700.jpgV/A

where—

    F     is the value of the property forfeited and the amount of the penalty paid (less conversion costs);

    V     is a victim's award of restitution, compensation or damages to the extent that it has not been satisfied;

    A     is the total of awards of restitution, compensation and damages in respect of the offence.

Note to s. 31 inserted by No. 42/2007 s. 18(Sch. item 10).

Note

Property is defined as including any interest in property: see  section 3(1).

Pt 2A (Heading and ss 31A31M) inserted by No. 63/2003 s. 10.

Part 2A—Freezing orders

S. 31A inserted by No. 63/2003 s. 10.