Proceeds of Crime Act 2002
102Court may make orders relating to transfer of forfeited property etc.
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102 Court may make orders relating to transfer of forfeited property etc.
If property is forfeited to the Commonwealth under section 92, the court that made the *restraining order referred to in paragraph 92(1)(b) must, if: (a) a person who claims an *interest in the property applies under section 104 for an order under this section; and (b) the court is satisfied that: (i) the applicant had an interest in the property before the forfeiture of the property; and (ii) the applicant’s interest in the property is neither *proceeds of unlawful activity nor an *instrument of unlawful activity; and (iii) the applicant’s interest in the property was lawfully acquired; make an order: (c) declaring the nature, extent and value of the applicant’s interest in the property; and (d) either: (i) if the interest is still vested in the Commonwealth—directing the Commonwealth to transfer the interest to the applicant; or (ii) directing the Commonwealth to pay to the applicant an amount equal to the value declared under paragraph (c).