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Report No. 173

8. Forfeiture of proceeds of terrorism.-

Where any property is seized or attached in the belief that it constitutes proceeds of terrorism and is produced before the Designated Authority, it shall, on being satisfied that the said property constitutes proceeds of terrorism, order forfeiture of such property, whether or not the person from whose possession it is seized or attached, is prosecuted in a Special Court for an offence under this Act.

Report on Prevention of Terrorism Bill, 2000 Back

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