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CONFISCATION ACT 1997 - SECT 40D Purpose for which an unexplained wealth restraining order may be made

CONFISCATION ACT 1997 - SECT 40D

Purpose for which an unexplained wealth restraining order may be made

    (1)     An unexplained wealth restraining order may be made to preserve property or an interest in property in order that the property or interest will be available to satisfy forfeiture of property that may occur under Division 2.

    (2)     If a court makes an unexplained wealth restraining order in respect of property or an interest in property, the unexplained wealth restraining order must state that the property or interest is restrained to preserve property or an interest in property so that the property or interest will be available for unexplained wealth forfeiture.

S. 40E inserted by No. 79/2014 s. 16.