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CONFISCATION ACT 1997 - SECT 40ZB Declaration that property has been forfeited

CONFISCATION ACT 1997 - SECT 40ZB

Declaration that property has been forfeited

    (1)     The applicant for an unexplained wealth restraining order may apply to the court that made that order for a declaration that property that was subject to the unexplained wealth restraining order has been forfeited to the Minister under section 40ZA.

    (2)     An applicant under this section for a declaration that property has been forfeited is not required to give notice of the application to any person who has an interest in the property.

Note

Section 40C provides that an unexplained wealth restraining order may be made in respect of property or an interest in property.

    (3)     On an application under subsection (1), the court, if satisfied that the property has been forfeited to the Minister under section 40ZA, must make a declaration accordingly.

S. 40ZC inserted by No. 79/2014 s. 16.