New South Wales Consolidated Acts

CRIMINAL ASSETS RECOVERY ACT 1990 - SECT 15

15 Recording of restraining order

(1) If a restraining order applies to an interest in property of a particular kind and the provisions of any law, whether or not a law of the State, provide for the registration of title to, an interest in or a charge over, property of that kind, the authority responsible for administering those provisions must, on application by the Commission, record in the register kept under those provisions the particulars of the restraining order.

(2) If the particulars of a restraining order are so recorded, a person who subsequently deals with or attempts to deal with the property is, for the purposes of section 16, to be taken to have had notice of the restraining order.

(3) If a restraining order applies to an interest in land under the provisions of the Real Property Act 1900 , a caveat may be lodged under that Act in relation to the order.

(4) If a restraining order recorded under this section ceases to have effect in relation to an interest in property in respect of which it was made, the Commission must--

(a) apply for cancellation of the recording, and

(b) withdraw any caveat lodged in relation to the order.