64Setting aside restraining order – crime-derived property

64 Setting aside restraining order – crime-derived property (1) The court that is hearing an objection to the restraint of property on the ground that the property is crime-derived may set aside the (a) the objector establishes that: (i) the objector is the owner of the property or is one of 2 or more owners of the property; and Criminal Property Forfeiture Act 2002 44 (ii) the property is not effectively controlled by a person who wholly or partly derived or realised the property, directly or indirectly, from the commission of a forfeiture offence; and (iii) the objector is an innocent party in relation to the (iv) each other owner (if there are more than one) is an (b) the objector establishes that it is more likely than not that the property is not crime-derived. (2) If the objector fails to establish for subsection (1)(a) that each other owner is an innocent party, the court that is hearing the objection may: (a) order that, when the property is sold after forfeiture, the objector is to be paid an amount from the proceeds of the sale that is in proportion to the objector's share of the property; or (b) set aside the restraining order in relation to the property if it also orders the objector to pay to the Territory the value of the share of the property that the court finds is attributable to the owner or owners who are not established to be innocent parties. (3) In an order under subsection (2), the court must specify: (a) the proportion that it finds to be the objector's share of the (4) On application by the DPP or an owner of the property, the court that made a restraining order on the ground that the relevant property is crime-derived may set the order aside if the court also orders the objector to pay to the Territory the value of the property. (5) The court that is hearing the objection or application must assess the value of property: (a) for subsection (2)(b) – at the time of hearing the objection; and (b) for subsection (4) – at the time of hearing the application; and must specify the assessed value in the order. Criminal Property Forfeiture Act 2002 45