135Conversion costs

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135 Conversion costs

Conversion costs are the reasonable costs and expenses incurred in locating, storing, maintaining or disposing of, or otherwise in connection with the conversion into money of, property to which a forfeiture order, a civil forfeiture order or a pecuniary penalty order or automatic forfeiture under section 35 or 36GA or unexplained wealth forfeiture under section 40ZA applies.

S. 136 (Heading) inserted by No. 26/2024 s. 44(1).

S. 136 amended by No. 26/2024 s. 44(2).

Section 135 - Confiscation Act 1997 - Conversion costs | Zoe