26 (1) A seized thing is, at Her election, forfeited to Her Majesty in right of Canada if
(a) within 60 days after the seizure, no person is identified as its owner or as a person who is entitled to possess it; or
(b) the owner or person who is entitled to possess it, within 60 days after the day on which they are notified that the inspector has released the seized thing, does not claim it.
Marginal note:Proceedings instituted
(2) Subsection (1) does not apply if proceedings are instituted in respect of an offence that relates to the thing that was seized.
(3) A seized thing that is forfeited may be disposed of at the expense of its owner or the person who was entitled to possess it at the time of its seizure.