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Exercise of powers by court or receiver
Cap. 103, s. 42 · Revised Edition 2020
(1) The provisions of this section apply to powers conferred on the court by sections 39 to 41, or on a receiver appointed under section 39 or 40.
(2) Subject to the following provisions of this section, the powers shall be exercised with a view to making available for satisfying the forfeiture order the value for the time being of realisable property held by any person by the realisation of the
(3) In the case of realisable property held by a person to whom the defendant has directly or indirectly made a gift caught by this Act, the powers shall be exercised with a view to realising no more than the value for the time being of the gift.
(4) The powers shall be exercised with a view to allowing any person other than the defendant or the recipient of any gift to retain or recover the value of any property held by him.
(5) In exercising those powers, no account shall be taken of any obligations of the defendant or of the recipient of any gift which conflict with the obligation to satisfy the forfeiture order.
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