Commonwealth Consolidated Acts

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PROCEEDS OF CRIME ACT 2002 - SECT 281

Proceeds from sale of property

  (1)   Amounts realised from any sale of the * controlled property under section   278:

  (a)   if the property was covered by a * restraining order--are taken to be covered by the restraining order; or

  (b)   if the property was covered by a * forfeiture order--are taken to be covered by the forfeiture order; or

  (c)   if the property was forfeited under section   92--are taken to be forfeited under that section; or

  (d)   if the property was subject to a charge under section   142--are taken to be subject to the charge; or

  (e)   if the property was subject to a charge under section   169--are taken to be subject to the charge; or

  (f)   if the property was subject to a charge under section   179SA--are taken to be subject to the charge.

  (2)   If the * controlled property:

  (a)   was covered by a * restraining order or * forfeiture order; and

  (b)   was so covered on the basis that the property was * proceeds of an offence, or an * instrument of an offence, to which the restraining order or forfeiture order relates;

amounts realised from any sale of the property under section   278 continue to be proceeds of that offence or an instrument of that offence.



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