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Proceeds of Crime Act, 1996 (Act No. 76 of 1996)

Chapter 1 : Application of Act

4. Realisable property

 

 

(1) Subject to the provisions of subsection (2), the following property shall be realisable in terms of this Act, namely—
(a) any property held by the defendant concerned; and
(b) any property held by a person to whom that defendant has directly or indirectly made any affected gift.

 

(2) Property shall not be realisable property if a declaration of forfeiture is in force in respect thereof.