Section 10: Forfeiture

(1)
Where any person is convicted of any offence under this Act, the Federal High Court may, either at the time of making the conviction or subsequently, make an order that any counterfeit bank note or current coin, or instrument, tool, engine or any machinery, implement, utensil or material whatsoever used or intended to be used for the false making or counterfeiting of a bank note or current coin shall be forfeited to the Federal Government.
[1999 No. 62.]
(2)
Notwithstanding that no person has been convicted by it, if the Federal High Court is satisfied that any person brought before it or to its notice for the purposes of a trial, in the nature of a counterfeit bank note or current coin, instrument, tool, engine or any machinery, implement, utensil or material whatsoever is or has been used for, intended to be or capable of being used for the false making or counterfeiting of a bank note or current coin, then the Federal High Court may, at the completion of such trial, make an order that any such thing be forfeited to the Federal Republic of Nigeria.
(3)
The passport of any person convicted under this Act shall be forfeited to the Federal Republic of Nigeria and shall not be released to him unlil ten years from the date of pronouncement of the sentence imposed on such person by the Federal High Court.