TRAFFICKING IN PERSONS (PROHIBITION) ENFORCEMENT AND ADMINISTRATION ACT. NO. 4

Section 57: Disposal of Forfeited Property.

2015Section 57 of 83Federal Republic of Nigeria

1 A copy of final Court order forfeiting the asset and property of a person convicted under this Act shall be forwarded to the Agency.
2 Upon receipt of the final court order under this section, the Director-General shall take steps to dispose of the property concerned by sale or otherwise and where the property is sold, the proceeds shall be paid into the Victims of Trafficking Trust Fund.
3 Where any part of the property included in the final court order is money in a bank or any financial institution or in the possession of any person, the Agency shall cause a copy of the order to be produced and served on the manager or any person in control of the head office or branch of the bank concerned and that manager or person shall pay over the money to the Agency and the Agency shall pay the money received into the Victims of Trafficking Trust Fund.
4 The Minister may make rules, guidelines or regulations for assets forfeiture, disposal and management under this Act.

Cite this section

Section 57, TRAFFICKING IN PERSONS (PROHIBITION) ENFORCEMENT AND ADMINISTRATION ACT. NO. 4 (2015).

https://repo.podus.ai/laws/trafficking-in-persons-prohibition-enforcement-and-administration-act-no-4/section/57/