Bankruptcy Act 1966
View history note
Hide history noteFor the purposes of this Act, property is covered by a restraining order or a forfeiture order during the period:
(a) starting when the order comes into force in relation to the property; and
(b) ending when the earliest of the following occurs:
(i) the order ceases to be in force;
(ii) a court excludes the property from the order;
6C(2) Satisfaction of pecuniary penalty orders.
(iii) if the order is a restraining order - a court excludes the property from forfeiture that would or may result from conviction for an offence.
Without limiting the circumstances in which a pecuniary penalty order ceases to be in force, a pecuniary penalty order ceases to be in force if it is satisfied.
6C(3) When applications for proceeds of crime orders are finally determined.For the purposes of this Act, an application for a proceeds of crime order is taken to be finally determined when:
(a) the application is withdrawn; or
(b) if the application is successful - the resulting proceeds of crime order comes into force; or
(c) if the application is unsuccessful - the time within which an appeal can be made has expired and any appeals have been finally determined or otherwise disposed of.
Disclaimer and notice of copyright applicable to materials provided by CCH Australia Limited
CCH Australia Limited ("CCH") believes that all information which it has provided in this site is accurate and reliable, but gives no warranty of accuracy or reliability of such information to the reader or any third party. The information provided by CCH is not legal or professional advice. To the extent permitted by law, no responsibility for damages or loss arising in any way out of or in connection with or incidental to any errors or omissions in any information provided is accepted by CCH or by persons involved in the preparation and provision of the information, whether arising from negligence or otherwise, from the use of or results obtained from information supplied by CCH.
The information provided by CCH includes history notes and other value-added features which are subject to CCH copyright. No CCH material may be copied, reproduced, republished, uploaded, posted, transmitted, or distributed in any way, except that you may download one copy for your personal use only, provided you keep intact all copyright and other proprietary notices. In particular, the reproduction of any part of the information for sale or incorporation in any product intended for sale is prohibited without CCH's prior consent.
