PROCEEDS OF CRIME (RECOVERY AND MANAGEMENT) ACT
Section 63: Proceeds from sale of property.
Any amount realised from the disposal of the controlled property under this Act shall be deemed to be—
a covered by the restraint order related to the controlled property being disposed of; and
b proceeds of that unlawful activity or its instrumentality, where the restraint order covered the controlled property disposed of on the basis that the controlled property was proceeds of unlawful activity or its instrumentality.
Cite this section
Section 63, PROCEEDS OF CRIME (RECOVERY AND MANAGEMENT) ACT (2022).
https://repo.podus.ai/laws/proceeds-of-crime-recovery-and-management-act/section/63/