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Restoration of confiscated property: Special Court may order return to legitimate claimants subject to good faith safeguards. The amendment vests the relevant adjudicatory role in the Special Court and inserts a provision authorising the Special Court to direct restoration of confiscated property to a claimant with a legitimate interest who suffered a quantifiable loss from the money laundering offence, provided the claimant acted in good faith, took all reasonable precautions, was not involved in the offence, and restoration is made in the prescribed manner.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Restoration of confiscated property: Special Court may order return to legitimate claimants subject to good faith safeguards.
The amendment vests the relevant adjudicatory role in the Special Court and inserts a provision authorising the Special Court to direct restoration of confiscated property to a claimant with a legitimate interest who suffered a quantifiable loss from the money laundering offence, provided the claimant acted in good faith, took all reasonable precautions, was not involved in the offence, and restoration is made in the prescribed manner.
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