Implementation of Geneva Conventions Act, 2012
R 385
Drugs and Drug Trafficking Act, 1992 (Act No. 40 of 1992)Chapter VI : Mutual Assistance in respect of Drug TraffickingSatisfaction of confiscation orders60. Conversion of currencies |
| (1) | If any amount paid in a designated country in the execution of a request referred to in section 59(a) is expressed in a currency other than the currency of the Republic. that amount shall be converted into the currency of the Republic on the basis of the exchange rate prevailing on the date on which that amount was paid in that designated country. |
| (2) | If the value of property recovered in a designated country in the execution of a request referred to in section 59(a) is expressed in a currency other than the currency of the Republic, that value shall be converted into the currency of the Republic on the basis of the exchange rate prevailing on the date on which the property was recovered in that designated country. |
