If a declaration is made under section 95C, the property to which the declaration applies—
(a) is deemed, on and from the date on which the property is no longer required for evidentiary purposes under the Crimes Act 1958 or the Drugs, Poisons and Controlled Substances Act 1981 (as the case requires), to have been seized as tainted property under a warrant under section 79 of this Act; and
(b) is to be dealt with under this Act accordingly.