South Australian Repealed Acts

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This legislation has been repealed.

CRIMINAL ASSETS CONFISCATION ACT 1996 - SECT 22

22—Accounts at financial institutions

A financial institution must—

            (a)         on service of a copy of a warrant or duplicate warrant authorising seizure of money held in an account by the financial institution; or

            (b)         on service of a copy of a forfeiture order or restraining order over money held in an account,

forthwith transfer the credit balance of the account to an account in the name of the Administrator.

Maximum penalty: $10 000.



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