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CRIMINAL PROCEEDS CONFISCATION ACT 2002 - SECT 50
When Supreme Court may exclude applicant’s property
50 When Supreme Court may exclude applicant’s property
(1) The Supreme Court may exclude the applicant’s property from the order if
it is satisfied the applicant acquired the property— (a) in good faith and
for sufficient consideration; and
(b) without knowing, and in circumstances
not likely to arouse a reasonable suspicion, that the property was
illegally acquired property.
(2) The Supreme Court may make the order only to
the extent to which the interest in the property concerned was not, when it
first became illegally acquired property, acquired using the proceeds of an
illegal activity.
(3) In addition, the Supreme Court may exclude the
applicant’s property from the order if it is satisfied it is in the public
interest to amend the order in the particular circumstances.
(4) The Supreme
Court may require the applicant to give the undertakings about the
applicant’s property the court considers appropriate.
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