Barrister AI
All legislation
COMMONWEALTHAct
In force
This is the latest official compilation.Check the official source →
s 114A

The effect of proceeds of crime orders

In force
Part VIAdministration of property
Division 2Order of payment of debts
Subdivision BThe effect of proceeds of crime orders and applications for proceeds of crime orders

114A The effect of proceeds of crime orders

(1)

If property of a bankrupt is covered by a restraining order, or a forfeiture order, made on or after the date of the bankruptcy, proceeds of property that is covered by the order must not be applied under Subdivision A while that property is so covered.

(2)

If a pecuniary penalty order is made against a bankrupt on or after the date of the bankruptcy, proceeds of any of the property of the bankrupt must not be applied under Subdivision A while the order is in force.

Note:

For proceeds of crime orders made before the date of the bankruptcy, see section 58A.

Research tools for this sectionPro

The statute text is free to read above. View Pro plans to unlock the case-law research tools for each provision.