3Principal objects

#### 3 Principal objects 3 Principal objects > The principal objects of this Act are— > > > (a) to provide for the confiscation, without requiring a conviction, of property of a person if the Supreme Court finds it to be more probable than not that the person has engaged in serious crime related activities, and > > > (a1) to enable the current and past wealth of a person to be recovered as a debt due to the Crown if the Supreme Court finds there is a reasonable suspicion of one or more of the following, unless the person can establish the wealth was lawfully acquired— > > > > > (i) the person has engaged in a serious crime related activity, > > > > > (ii) the person has acquired proceeds from the serious crime related activity of another person, > > > > > (iii) the person’s current or previous wealth significantly exceeds the value of the person’s lawfully acquired wealth, and > > > (b) to enable the proceeds of illegal activities of a person to be recovered as a debt due to the Crown if the Supreme Court finds it more probable than not the person has engaged in any serious crime related activity or acquired proceeds of the illegal activities of such a person, and > > > (b1) to provide for the confiscation, without requiring a conviction, of property of a person that is illegally acquired property held in a false name or is not declared in confiscation proceedings, and > > > (c) to enable law enforcement authorities effectively to identify and recover property. > > **s 3:** Am 1997 No 68, Sch 1 \[3\]; 2005 No 32, Sch 1 \[1\]; 2010 No 65, Sch 1 \[1\]; 2022 No 55, Sch 3\[1\]; 2025 No 81, Sch 1\[1\].