South Australian Current Acts

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CRIMINAL ASSETS CONFISCATION ACT 2005 - SECT 72

72—A person may buy back interest in forfeited property

        (1)         The payment to the Crown, while the property is still vested in the Crown, of an amount declared under section 55(c) to be the value of the person's interest, discharges the forfeiture order to the extent to which it relates to the interest and the Minister must cause the interest to be transferred to the person in whom it was vested immediately before the property was forfeited.

        (2)         The Minister may do or authorise the doing of anything necessary or convenient to effect a transfer, including—

            (a)         executing any instrument; and

            (b)         applying for registration of an interest in the property on an appropriate register.



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