Commonwealth Consolidated Acts

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MUTUAL ASSISTANCE IN CRIMINAL MATTERS ACT 1987 - SECT 35K

When the charge ceases to have effect

    The charge ceases to have effect in respect of the property on the earliest of the following events:

  (a)   the payment to the Commonwealth of the amount under subsection   35J(2) in relation to the foreign pecuniary penalty order;

  (b)   the sale or other disposition of the property:

  (i)   under an order under subsection   35F(3); or

  (ii)   by the owner of the property with the consent of the court in which the foreign pecuniary penalty order is registered; or

  (iii)   if an order under section   35 ordered the Official Trustee to take control of the property--by the owner of the property with the consent of the Official Trustee;

  (c)   the sale of the property to a purchaser in good faith for value who, at the time of purchase, has no notice of the charge;

  (d)   the cancellation of the registration of the relevant foreign restraining order or foreign pecuniary penalty order under section   34G.



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