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<h1>Confiscation deprives an owner's property, transferring it to the public treasury as a penal forfeiture under law.</h1> Confiscation denotes the penal appropriation of private property to the public treasury; the term is not defined in the Act but is derived from Roman law and lexicographic interpretation which describe confiscation as depriving an owner of property as a forfeiture to the State and transferring it to the public fisc.