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CRIMINAL PROCEEDS CONFISCATION ACT 2002 - SECT 153D
Court may make tainted property substitution declaration
153D Court may make tainted property substitution declaration
(1) Subject to subsection (2) , a court may make a tainted property
substitution declaration if the court is satisfied— (a) that the convicted
person used, or intended to use, particular property in, or in connection
with, the commission of the confiscation offence; and
(b) that the property
mentioned in paragraph (a) is unavailable property; and
(c) that the property
that is to be substituted for the property mentioned in paragraph (a) — (i)
is property in which the convicted person had an interest at the time that the
confiscation offence was committed; and
(ii) is of the same nature or
description as the property mentioned in paragraph (a) .
(2) The court may
make a tainted property substitution declaration whether or not the value of
the unavailable property is equal to the value of the property that is to be
substituted for the unavailable property.
(3) If the court makes a
tainted property substitution declaration for property, the property— (a) is
substituted for the unavailable property; and
(b) is taken to be
tainted property for this chapter.
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