Australian Capital Territory Current Acts

CONFISCATION OF CRIMINAL ASSETS ACT 2003 - SECT 98H

An unexplained wealth charge over property ends when the earliest of the following events happens:

        (a)     the unexplained wealth order for which the charge was created ends;

Note     For when an unexplained wealth order ends, see s 98L.

        (b)     the restraining order over the property ends;

Note     For when restraining orders end, see s 48A.

        (c)     the property is sold, or otherwise disposed of, with the consent of—

              (i)     the relevant court that made the unexplained wealth order; or

              (ii)     if a trustee (including the public trustee and guardian) controls the property—the trustee;

        (d)     the property is sold to a purchaser who—

              (i)     buys the property honestly and for sufficient consideration; and

              (ii)     at the time of the purchase, has no notice of the charge.