50Relief from automatic forfeiture of property of serious drug offender

50 Relief from automatic forfeiture of property of serious drug offender

For the purposes of section 45A(3)(c), (4)(a) and (4A) of the Act, the prescribed amount is—

(a) if the forfeited residence is a house located in the Melbourne metropolitan area—the median house price for the Melbourne metropolitan area in the most recent Guide to Property Values published by the Valuer‑General of Victoria;

(b) if the forfeited residence is a house in country Victoria—the median house price for country Victoria in the most recent Guide to Property Values published by the Valuer‑General of Victoria;

(c) if the forfeited residence is a unit or an apartment in the Melbourne metropolitan area—the median unit or apartment price for the Melbourne metropolitan area in the most recent Guide to Property Values published by the Valuer‑General of Victoria;

(d) if the forfeited residence is a unit or an apartment in country Victoria—the median unit or apartment price for country Victoria in the most recent Guide to Property Values published by the Valuer‑General of Victoria.