Financial Intermediaries Act 1996
sec.39Return of seized things
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sec.39 Return of seized things
The inspector must return a seized thing to its owner at the end of— 60 days; or if a proceeding for an offence involving it is started within the 60 days—the proceeding and any appeal from the proceeding. Despite subsection (1) , the inspector must immediately return a thing seized as evidence to its owner if the inspector stops being satisfied its continued retention as evidence is necessary. (sec.39-ssec.1) The inspector must return a seized thing to its owner at the end of— 60 days; or if a proceeding for an offence involving it is started within the 60 days—the proceeding and any appeal from the proceeding. (sec.39-ssec.2) Despite subsection (1) , the inspector must immediately return a thing seized as evidence to its owner if the inspector stops being satisfied its continued retention as evidence is necessary.
- (a) 60 days; or
- (b) if a proceeding for an offence involving it is started within the 60 days—the proceeding and any appeal from the proceeding.