Queensland Consolidated Acts

CRIMINAL PROCEEDS CONFISCATION ACT 2002 - SECT 272

272 Automatic forfeiture

(1) Property that is liable to automatic forfeiture under the old Act is taken to be liable to automatic forfeiture under this Act and any step necessary to be taken for enforcing the forfeiture may be taken under this Act.

(2) For working out when property liable to automatic forfeiture under the old Act is forfeited to the State, section 163 of this Act applies to the property as if it had commenced on the day section 25 of the old Act first applied to the property.

(3) However, if, before the commencement of this section, the forfeiture period under the old Act has been extended and the extended forfeiture period ends after the commencement of this section—

(a) the property is forfeited to the State when the forfeiture period as extended under the old Act ends; and

(b) the person may not apply for an extension of the forfeiture period under this Act; and

(c) the Supreme Court may not extend the forfeiture period under this Act.