Tasmanian Consolidated Acts

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CRIME (CONFISCATION OF PROFITS) ACT 1993 - SECT 146

Use of restrained property to meet unexplained wealth liability
(1)  To satisfy an unexplained wealth liability wholly or in part, the person who has the liability may transfer to the State any property wholly owned, or effectively controlled solely, by the person, whether or not the property is restrained property.
(2)  Nothing in subsection (1) authorises a person to transfer property other than in accordance with this Act or any other Act.
(3)  If a person who has an unexplained wealth liability has not satisfied the liability under subsection (1) within the relevant time specified in section 145(1) , any property of the person that is subject to a specified restraining order and is wholly owned, or effectively controlled solely, by the person may –
(a) be used by the respondent to satisfy his or her liability under section 144 ; or
(b) be forfeited to the State under this Part to satisfy his or her liability under section 144 .



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