PROCEEDS OF CRIME REGULATIONS 2002 (REPEALED)

PART 4 - ADMINISTRATION  

Division 4.2 - Confiscated Assets Account  

REGULATION 18   Notice by AFP of possible claims under the equitable sharing program  

18(1)    
In this regulation:

condemned goods
has the meaning given by subsection 208DA(1) of the Customs Act 1901 .

narcotic goods
has the meaning given by subsection 4(1) of the Customs Act 1901 .

narcotic-related goods
has the meaning given by subsection 4(1) of the Customs Act 1901 .

property
means money or proceeds, as the case requires, mentioned in paragraph 296(3)(l) or (m) of the Act.

18(2)    
As soon as practicable after narcotic-related goods (other than narcotic goods) are condemned or are taken to be condemned, an AFP member must give notice in writing to the Official Trustee if the member considers that the condemned goods are property in respect of which a claim may be made under the equitable sharing program.

18(3)    
The notice must include:

(a) the name of the claimant State or self-governing Territory; and

(b) the percentage of the value of the property that is likely to be payable in respect of the claim; and

(c) other brief particulars of the claim.