Financial Framework Legislation Amendment Act 2005 (8 of 2005)

Schedule 1   Amendments relating to the Financial Management Legislation Amendment Act 1999 and Special Accounts

Part 2   Special Accounts and references to paid to the Consolidated Revenue Fund

Proceeds of Crime Act 1987

298   Subsection 34D(2)

Repeal the subsection, substitute:

(2) As soon as practicable after the making of the determination, that amount must be debited from the balance of distributable funds standing to the credit of the Confiscated Assets Special Account.

Note: The heading to section 34D is replaced by the heading " Debiting balance of distributable funds standing to the credit of Confiscated Assets Special Account ".