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Proceeds of Crime Act 2002
130Reducing penalty amounts to take account of forfeiture and proposed forfeiture
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#### 130 Reducing penalty amounts to take account of forfeiture and proposed forfeiture
The \*penalty amount under a \*pecuniary penalty order against a person is reduced by an amount equal to the value, as at the time of the making of the order, of any property that is \*proceeds of the \*unlawful activity to which the order relates if:
(a) the property has been forfeited, under this Act or another law of the Commonwealth or under a law of a \*non‑governing Territory, in relation to the unlawful activity to which the order relates; or
(b) an application has been made for a \*forfeiture order that would cover the property.