A search warrant may be issued under this Part in relation to property whether or not a person has been charged with the relevant serious offence, but a magistrate is not to issue a search warrant under this Part in relation to property if a person has not been charged with the relevant serious offence unless the magistrate is satisfied –

(a) that the property is tainted property; and

(b) that it is likely that a person will be charged within 48 hours with the relevant serious offence.