The effect of applications for proceeds of crime orders
114B The effect of applications for proceeds of crime orders
If:
an application is made under a proceeds of crime law for a restraining order or a forfeiture order; and
if the order were made, it would cover property of a bankrupt (whether the application is made before, on or after the date of the bankruptcy);
proceeds of any of the property of the bankrupt that would be covered by the order must not be applied under Subdivision A before the application is finally determined.
If:
an application is made under a proceeds of crime law for a pecuniary penalty order; and
the person against whom the order would be made is, or later becomes, a bankrupt;
proceeds of any of the property of the bankrupt must not be applied under Subdivision A before the application is finally determined.
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