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CRIMINAL ASSETS RECOVERY ACT 1990 - SECT 16
Contravention of restraining order
(1) A person who contravenes a restraining order, or any ancillary order under
section 12, by disposing of or attempting to dispose of, or by otherwise
dealing with or attempting to otherwise deal with, an interest in property
that is an interest subject to the restraining order is guilty of an offence
and punishable, on conviction, by a fine equivalent to the value of the
interest (as determined by the Supreme Court) or by imprisonment for a period
not exceeding 2 years, or both, unless it is proved that the person had no
notice that the interest was subject to the restraining order and no reason to
suspect that it was.
(2) Subsection (1) does not prevent a person from being
dealt with for a contempt of the Supreme Court, but a person may not, for the
same contravention of a restraining order, be punished both for a contempt of
the Court and under subsection (1).
(3) If-- (a) a restraining order is made
against an interest in property, and
(b) the interest is disposed of, or
otherwise dealt with, in contravention of the restraining order, and
(c) the
disposition or dealing was either not for sufficient consideration or not in
favour of a person who acted in good faith,
the disposition or dealing is
void.
(4) It is not a contravention of a restraining order to dispose of or
attempt to dispose of, or to otherwise deal with or attempt to otherwise deal
with, an interest in property under the authority of this Act.
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