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Drugs and Drug Trafficking Act, 1992 (Act No. 40 of 1992)

Chapter V : Proceeds of Drug Trafficking

Application of Chapter

33. Gifts

 

(1) For the purposes of this Chapter, a defendant shall be deemed to have made a gift if he has transferred any property to any other person directly or indirectly for a consideration the value of which is significantly less than the value of the consideration supplied by the defendant.

 

(2) For the purposes of section 37(2), such a defendant shall be deemed to have made a gift of that share in the property which bears to the property as a whole the same proportion as the difference between the values referred to in subsection (1) bears to the value of the consideration supplied by that defendant.