Australian Capital Territory Numbered Acts

CONFISCATION OF CRIMINAL ASSETS ACT 2003 (NO. 8 OF 2003) - SECT 112

This division applies to forfeited property if—

        (a)     the property has vested in law in the Territory after a registered property interest in the property was created; or

        (b)     if the property was jointly owned immediately before forfeiture—the property has vested in trustees for sale under section 117 after the interest was created.

Note     If a joint owner of restrained property dies, and the property is later forfeited, the forfeiture takes effect as if the property had been forfeited immediately before death (see s 106).