(1) If:
(a) a forfeiture notice relating to a thing is given to a person; and
(b) the owner of the thing agrees, in accordance with the notice, to forfeit the thing to the Commonwealth; and
(c) the notice has not been withdrawn;
then:
(d) the ACMA may take possession of the thing; and
(e) if the ACMA does so--the ACMA must give the owner a receipt for the thing taken into possession.
(2) If:
(a) the ACMA withdraws a forfeiture notice relating to a thing; and
(b) the owner of the thing has already agreed, in accordance with the notice, to forfeit the thing to the Commonwealth; and
(c) the ACMA has taken possession of the thing under subsection (1);
then:
(d) the ACMA must take all reasonable steps to return the thing to the owner; and
(e) the agreement ceases to have effect.
(3) If:
(a) a forfeiture notice relating to a thing is given to a person; and
(b) the owner of the thing does not have possession of the thing when the notice is given; and
(c) the owner of the thing agrees, in accordance with the notice, to forfeit the thing to the Commonwealth; and
(d) the owner of the thing takes possession of the thing so as to enable the ACMA to take possession of the thing under subsection (1); and
(e) at the time when the owner takes possession of the thing, the notice had not been withdrawn;
sections 47 and 160 and subsections 175(4) and 176(4) do not apply to the owner's possession of the thing until whichever of the following events happens first:
(f) the ACMA takes possession of the thing under subsection (1);
(g) the notice is withdrawn.
(4) If:
(a) the ACMA has purported to take possession of a thing under subsection (1); and
(b) the ACMA was not entitled to take possession of the thing under that subsection;
the ACMA must take all reasonable steps to return the thing to the owner of the thing.