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Cap. 621 · Proceeds Of Crime Act (Cap. 621)

Cap. 621 Art. 51Transfer of confiscated property to the State.

PART VI

En vigueurTexte officiel

(1) The property confiscated by court ruling, pursuant to this Part, shall be transferred to the Government when the confiscation ruling becomes final.

(2) The registrar of the competent court shall transmit the final confiscation ruling to the Bureau within three (3) days.

(3) In the event that the final confiscation ruling is later overturned, the owner or the possessor of the property shall be compensated within the limits of the property market value.