(1) The Secretary and a law enforcement agency may enter into a memorandum of understanding that provides for the transfer from the law enforcement agency to the Secretary of responsibilities and powers under this Act in relation to the management of property—
(a) seized under this Act; or
S. 78A(1)(b) amended by Nos 68/2010 s. 56, 79/2014 s. 27.
(b) in respect of which a restraining order or a civil forfeiture restraining order or an unexplained wealth restraining order has been made; or
(c) seized under a warrant under—
(i) section 465 of the Crimes Act 1958 ; or
(ii) section 81 of the Drugs, Poisons and Controlled Substances Act 1981 .
(2) A memorandum of understanding may—
(a) refer to—
(i) specified property; or
(ii) a specified class of property; or
(iii) a specified person who has an interest in property or against whom an order or declaration is made under this Act; and
(b) contain such terms as are agreed to by the Secretary and the law enforcement agency.
S. 78B inserted by No. 63/2003 s. 18.