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s 24

Crime‑used property substitution declaration, effect of

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

24 Crime‑used property substitution declaration, effect of

(1)

When a court makes a crime‑used property substitution declaration, the respondent is liable to pay to the State an amount equal to the amount specified in the declaration as the assessed value of the crime‑used property.

(2)

If a crime‑used property substitution declaration is made against 2 or more respondents in respect of the same crime‑used property, the respondents are jointly and severally liable to pay to the State an amount equal to the amount specified in the declaration as the assessed value of the property.

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