Victorian Numbered Acts

CONFISCATION AMENDMENT (UNEXPLAINED WEALTH) ACT 2024 (NO. 26 OF 2024) - SECT 38

    (1)     In section 100A(1) of the Confiscation Act 1997 —

        (a)     in paragraph (b), for "acquired." substitute "acquired; or";

        (b)     after paragraph (b) insert —

    "(c)     the person's wealth is suspected to exceed the person's lawfully acquired wealth.".

    (2)     For section 100A(2)(a) and (b) of the Confiscation Act 1997 substitute —

    "(a)     stating that the person is suspected of—

              (i)     having engaged in serious criminal activity; or

              (ii)     having acquired property unlawfully; or

              (iii)     having wealth that exceeds the person's lawfully acquired wealth; and

        (b)     stating that the police officer suspects that the person against whom the order is sought has possession or control of a property‑tracking document or property‑tracking documents in relation to—

              (i)     the serious criminal activity; or

              (ii)     the unlawful acquisition of wealth; or

              (iii)     the person's wealth exceeding the person's lawfully acquired wealth; and".