176Effect of registration of interstate forfeiture orders relating to unexplained wealth

176 Effect of registration of interstate forfeiture orders relating to unexplained wealth

[Section 176 Inserted by No. 60 of 2013, s. 12, Applied:01 Mar 2014]

(1)  Despite section 59 , an interstate forfeiture order that is registered under section 58 and relates to unexplained wealth may be enforced in Tasmania as if the property to which it relates were forfeited property.

(2)  If an interstate forfeiture order is enforced in the State under this Act, the forfeited property vests in the State.

(3)  Property cannot vest in the State under subsection (2) if the property subject to the interstate forfeiture order has already, by reason of the order, vested in the Commonwealth, in another State or in some other person or entity.