(1)  In this section registrable property means property, title to which is passed by registration on a register kept under a law of Tasmania.

(2)  A person who knows that a forfeiture order has been made in respect of registrable property must not, unless the forfeiture order has been discharged, dispose of or otherwise deal with the property before the State's interest has been registered on the appropriate register.

Penalty:   –

(a) in the case of a body corporate – a fine not exceeding 500 penalty units; or

(b) in any other case – a fine not exceeding 100 penalty units or imprisonment for a term not exceeding 5 years, or both.

(3)  If property has been disposed of or otherwise dealt with contrary to subsection (2) , the disposal or dealing is of no effect.