An item seized under
this Part is forfeited to the State or, if the enforcement agency concerned is
a local government, to the local government —
(a) on
the expiry of the period of 10 days after the day on which the seizure took
place, if the item has not been dealt with under section 260 and no
application under the Criminal and Found Property Disposal Act 2006
section 11 for an order for the release of the item has been made within that
period; or
(b) if
an application for an order for the release of the item has been made under
the Criminal and Found Property Disposal Act 2006 section 11 within that
period but the application has been refused or has been withdrawn before a
decision on the application has been made, on the date on which the
application is refused or withdrawn.