Seized Property Management Act

Marginal note:Purposes of Act

3 The purposes of this Act are

• (a) to authorize the Minister to provide consultative and other services to law enforcement agencies in relation to the seizure or restraint of property in connection with designated offences, or property that is or may be proceeds of crime or offence-related property;

• (b) to authorize the Minister to manage certain property

  • (i) seized in connection with designated offences,

  • (ii) seized pursuant to a warrant issued under section 83.13 or 462.32 of the Criminal Code,

  • (iii) restrained pursuant to a restraint order made under section 83.13, 462.33 or 490.8 of the Criminal Code or section 14 of the Controlled Drugs and Substances Act, or

  • (iv) forfeited under subsection 14(5), seized under subsection 18(1) or paid under subsection 18(2) of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act;

• (c) to authorize the Minister to manage and dispose of property referred to in paragraph (b), and property that is proceeds of crime or offence-related property, when such property is forfeited to Her Majesty; and

• (d) where property referred to in paragraph (c) is forfeited to Her Majesty and disposed of, or where a fine is imposed pursuant to subsection 462.37(3) of the Criminal Code, to provide authority for the sharing, in certain circumstances, of the proceeds of disposition therefrom or the fine, as the case may be, with jurisdictions the law enforcement agencies of which participated in the investigations of the offences that led to the forfeiture or the imposition of the fine.