188Certain money to be paid into Public Account

188 Certain money to be paid into Public Account

[Section 188 Inserted by No. 60 of 2013, s. 12, Applied:01 Mar 2014]

(1)  In this section –

equitable sharing arrangement means an arrangement under which either or both of the following happen:

(a) this State pays to another State or the Commonwealth a proportion of any unexplained wealth liability recovered by this State under this Act by reason of a contribution made by the other State or the Commonwealth, as the case may be, to the investigation, securing or recovery of that unexplained wealth;

(b) another State or the Commonwealth pays to this State a proportion of any unexplained wealth liability recovered by the other State or the Commonwealth, as the case may be, by reason of a contribution made by this State to the investigation, securing or recovery of that unexplained wealth.

(2)  [Section 188 Subsection (2) amended by No. 4 of 2017, Sched. 1, Applied:01 Jul 2019] The following sums of money are to be paid into the Public Account:

(a) all money forfeited to the State under this Part;

(b) all proceeds of forfeited property sold under this Part;

(c) all money received by the State in relation to this Part under the equitable sharing arrangement.