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s 23

Crime‑used property, assessing value of

In force
Part 3Identifying and recovering confiscable property
Division 3Crime‑used property substitution

23 Crime‑used property, assessing value of

(1)

The value of crime‑used property is the amount equal to the value of the property at the time that the relevant confiscation offence was or is likely to have been committed.

(2)

The value of the crime‑used property is taken to be its full value even if the respondent did not outlay any amount for the purpose of obtaining or making criminal use of the property, or did not outlay an amount equal to its full value for that purpose.

(3)

The court may make a crime‑used property substitution declaration against 2 or more respondents in respect of the same crime‑used property, whether or not the applications for the respective declarations are heard in the same proceedings.

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