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Prevention of Organised Crime Act, 1998 (Act No. 121 of 1998)

Chapter 7 : Criminal Assets Recovery Account

64. Finances of account

 

The Account shall consist of—

(a) all moneys derived from the fulfilment of confiscation and forfeiture orders contemplated in Chapters 5 and 6;

[Section 64(a) amended by section 35(a) of Act No. 24 of 1999]

(aA) all property derived from the fulfilment of forfeiture orders as contemplated in section 57;

[Section 64(aA) inserted by section 35(b) of Act No. 24 of 1999]

(b) the balance of all moneys derived from the execution of foreign confiscation orders as defined in the International Co-Operation in Criminal Matters Act, 1996 (Act No. 75 of 1996), after payments have been made to requesting States in terms of that Act;
(c) any property or moneys appropriated by Parliament, or paid into, or allocated to, the Account in terms of any other Act;

[Section 64(c) amended by section 35(c) of Act No. 24 of 1999]

(d) domestic and foreign grants;
(e) any property or amount of money received or acquired from any source; and

[Section 64(e) amended by section 35(d) of Act No. 24 of 1999]

(f) all property or moneys transferred to the Account in terms of this Act.

[Section 64(f) amended by section 35(e) of Act No. 24 of 1999]