Municipal Finance Management Act, 2003
R 385
Prevention of Organised Crime Act, 1998 (Act No. 121 of 1998)Chapter 6 : Civil Recovery of PropertyPart 3 : Forfeiture of Property56. Effect of Forfeiture Order |
(1) | Where a High Court has made a forfeiture order and a curator bonis has not been appointed in respect of any of the property concerned, the High Court may appoint a curator bonis to perform any of the functions referred to in section 57 in respect of such property. |
[Subsection (1) amended by section 32 of Act No. 24 of 1999]
(2) | On the date when a forfeiture order takes effect the property subject to the order is forfeited to the State and vests in the curator bonis on behalf of the State. |
(3) | Upon a forfeiture order taking effect the curator bonis may take possession of that property on behalf of the State from any person in possession, or entitled to possession, of the property. |