CTHIn ForceAct
Proceeds of Crime Act 2002
7The confiscation scheme (Chapter 2)
Start here
Get a plain-English read of 7
Turn the raw legal text into a practical explanation grounded in Proceeds of Crime Act 2002.
#### 7 The confiscation scheme (Chapter 2)
Chapter 2 sets out a number of processes relating to confiscation:
(aa) freezing orders limiting withdrawals from or transactions involving accounts with financial institutions before courts decide applications for restraining orders to cover the accounts (see Part 2‑1A); and
(a) restraining orders prohibiting disposal of or dealing with property (see Part 2‑1); and
(b) forfeiture orders under which property is forfeited to the Commonwealth (see Part 2‑2); and
(c) forfeiture of property to the Commonwealth on conviction of a serious offence (see Part 2‑3); and
(d) pecuniary penalty orders requiring payment of amounts based on benefits derived from committing offences (see Part 2‑4); and
(e) literary proceeds orders requiring payment of amounts based on literary proceeds relating to offences (see Part 2‑5); and
(f) unexplained wealth orders requiring payment of unexplained wealth amounts (see Part 2‑6).