Tasmanian Consolidated Acts

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CRIME (CONFISCATION OF PROFITS) ACT 1993 - SECT 161

Financial organisation to transfer restrained funds to Public Trustee
(1)  The Public Trustee may demand that a financial organisation transfer to the Public Trustee any funds that are restrained property.
(2)  A financial organisation is to comply with a demand made by the Public Trustee under subsection (1) .
(3)  The Public Trustee must hold on trust any funds received under this section and deal with the funds in accordance with the Public Trustee Act 1930 .



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