← belizelaw.ai · Money Laundering And Terrorism, Cap. 104 · PART IV — Freezing and Forfeiture of Assets in Relation to Money
Forfeiture where a person dies or absconds
Cap. 104, s. 56 · Revised Edition 2020
(1) The Director of Public Prosecutions or the Financial Intelligence Unit may apply to the court for a forfeiture order in respect of tainted property if the accused has died or absconded.
If the court is satisfied that–
(a) any property is tainted property in respect of the offence;
(b) proceedings in respect of the offence committed in relation to that property were commenced; and
(c) the accused charged with the offence referred to in paragraph (b) has died or absconded,
the Court may order that the property or such property as is specified by the Court in the order be forfeited.
(2) For purposes of sub-section (1), sections 49, 50, 51 and 52, shall apply with such modifications as are necessary to give effect to this section.
(3) For the purposes of sub-section (1), a person is deemed to have absconded if reasonable attempts to serve or arrest the person pursuant to a notice or warrant have been unsuccessful during the period of six months commencing on the day the warrant was issued, and the person shall be deemed to have so absconded on the last day of that period.
Pecuniary order
Amended by: 7 of 2016; 7 of 2016; 7 of 2016
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