115Release of seized property

115 Release of seized property

(1)  [Section 115 Subsection (1) amended by No. 101 of 1999, s. 12, Applied:01 Mar 2000] The Director may authorise the release of anything seized but not forfeited–

(a) to the owner; or

(b) to the person entitled to the possession of the thing; or

(c) to the person from whom the thing was seized.

(2)  [Section 115 Subsection (2) amended by No. 101 of 1999, Sched. 1, Applied:01 Mar 2000] The Director may authorise the release of any thing subject to–

(a) any condition relating to the payment of a bond; or

(b) any condition relating to the provision of any other security; or

(c) [Section 115 Subsection (2) amended by No. 101 of 1999, Sched. 1, Applied:01 Mar 2000] any other condition the Director determines.

(3)  The amount of payment of a bond or the provision of a security is to be equivalent to the current market value of the thing.

(4)  A person must not fail to comply with a condition imposed under subsection (2) .

Penalty:  Fine not exceeding 5 penalty units.

(5)  In addition to a penalty imposed on a person for an offence under subsection (4) , a court may order the person to pay compensation for any damage or loss caused by the offence.