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CRIMINAL PROCEEDS CONFISCATION ACT 2002 - SECT 154
Order for release of property from forfeiture order
154 Order for release of property from forfeiture order
(1) A court that makes a forfeiture order may make an order under this section
(
"release order" ) that a stated interest in property of a stated person that
has been forfeited under a forfeiture order may be released from the
forfeiture order on payment to the State of the amount the court decides is
the value of the interest.
(2) The order must state the nature, extent and
value, when the order is made, of the person’s interest in the forfeited
property.
(3) The court may make the order only if it is satisfied— (a) the
interest is still vested in the State; and
(b) it would not be against the
public interest for the interest to be transferred to the person; and
(c)
there is no other reason the interest should not be transferred to the person.
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