QLDIn ForceAct
Criminal Proceeds Confiscation Act 2002
sec.26When property stops being illegally acquired property or serious crime derived property
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### sec.26 When property stops being illegally acquired property or serious crime derived property
Property stops being illegally acquired property or serious crime derived property—
when it is acquired by a person for sufficient consideration, without knowing, and in circumstances not likely to arouse a reasonable suspicion, that the property was illegally acquired property or serious crime derived property; or
when it vests in a person on the distribution of the estate of a deceased; or
when it is disposed of under this Act, including when discharging a pecuniary penalty order, a proceeds assessment order or an unexplained wealth order; or
when it is the proceeds of the disposal of property under this Act other than by sale under a condition of a restraining order or by order of the Supreme Court under section 46 , 93ZP or 138 ; or
when it is acquired by Legal Aid as payment of reasonable legal expenses payable because of an application under this Act or in defending a charge of an offence; or
in circumstances prescribed under a regulation.
s 26 amd 2013 No. 21 s 19
- (a) when it is acquired by a person for sufficient consideration, without knowing, and in circumstances not likely to arouse a reasonable suspicion, that the property was illegally acquired property or serious crime derived property; or
- (b) when it vests in a person on the distribution of the estate of a deceased; or
- (c) when it is disposed of under this Act, including when discharging a pecuniary penalty order, a proceeds assessment order or an unexplained wealth order; or
- (d) when it is the proceeds of the disposal of property under this Act other than by sale under a condition of a restraining order or by order of the Supreme Court under section 46 , 93ZP or 138 ; or
- (e) when it is acquired by Legal Aid as payment of reasonable legal expenses payable because of an application under this Act or in defending a charge of an offence; or
- (f) in circumstances prescribed under a regulation.