Commonwealth Consolidated Acts

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PROCEEDS OF CRIME ACT 1987 - SECT 34D

Debiting balance of distributable funds standing to the credit of Confiscated Assets Special Account

  (1)   Once in each financial year the Minister must determine, in accordance with the regulations , the amount of distributable funds not required for meeting payments under paragraph   34C(1)(b).

  (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.



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