Forfeiture of assets

Forfeiture of assets of equivalent value

Section 11Q Forfeiture

Confiscation or forfeiture

Forfeiture of the right to a will

The court may order forfeiture of assets

Draft Section 71 enables the forfeiture of assets of equivalent value in situations where assets that could be subject to forfeiture under Section 70, paragraphs 1 and 2, have been destroyed, damaged, transferred, rendered unserviceable or used up or expended by the offender already before the court issued the forfeiture order, or where the offender otherwise prevents the forfeiture of such assets.

Forfeiture of assets that are the fruits of corruption and bribery

Part 8 deals with seizure and forfeiture property.

If the assets have been destroyed or damaged or rendered unserviceable, the court may order the forfeiture of assets of equivalent value along with the forfeiture of assets under Section 70, paragraph 1.

If the offender has destroyed, damaged, transferred, rendered unserviceable or used, in particular used up or expended, any assets that could be subject to forfeiture under Section 70, paragraphs 1 and 2, or where the offender has otherwise prevented the forfeiture of such assets, the court may order the forfeiture of funds up to the amount corresponding to the value of such assets the value of assets that could be subject to forfeiture may be estimated by the court.

The aim was to increase the risk of detection and prosecution and forfeiture of criminal assets.

If the offender possesses, without permission or in violation of laws and regulations, the assets described in paragraphs 1 and 2 that may be subject to forfeiture, the court shall in all cases order forfeiture.

Training also includes asset identification and removal through seizure and forfeiture of civil and criminal nature.

shall be punished by imprisonment for a term of eight to fifteen years or by forfeiture of property.

shall be punished by imprisonment for a term of eight to fifteen years or by forfeiture of property.

Barbados provides and makes arrangements for training in the area of proceeds from crime and asset forfeiture.

As indicated above, training has been received in the areas of asset forfeiture and proceeds from crime.

(b) Permitting the seizure and confiscation, including forfeiture, where applicable, of criminal instrumentalities and proceeds wherever found

IV. Causes of losses

(b) Providing direct on site mentor support in ongoing prosecution and asset forfeiture casework

The court may order forfeiture only if the assets concerned belong to the offender.

Special emphasis was placed on drafting documents for applications for restraint and forfeiture orders.

The amounts of such preventable losses are reported as unrecoverable losses due to mismanagement.

Losses

The failure to claim it in the contract, however, is regarded as an implicit forfeiture of that right.

Whether it appears that the vehicle may be subject to forfeiture under the laws of the notifying State.

Total inventory value of losses

The offender shall be punished by imprisonment for a term of two to eight years or by forfeiture of property,

The offender shall be punished by imprisonment for a term of three to ten years or by forfeiture of property,

Writing off of losses of property

Write off of losses of property

11. Whether it appears that the vehicle may be subject to forfeiture under the laws of the notifying State.

16. Typically, trade embargoes entail forfeiture of foreign exchange earnings that may be badly needed to finance essential imports.

Carrier Losses

Human losses

Our losses?

Our losses

Iran calculates the monetary value of the losses by multiplying part of the losses in catches by an estimated export market price, and part of the losses by local market prices.

Costs and losses of Lysol procurement

In this case, the Panel has valued the consolidated losses of the company, including the category C losses.

D (other) losses

States should be encouraged to adopt legislation that would allow the seizure and forfeiture of assets acquired through corruption and bribery.

Since some assets, though considerably damaged, may retain their dangerous properties (e.g. radioactive material, components of weapons and explosives), the draft new Criminal Code permits the court to order, along with the forfeiture of such destroyed, damaged or unserviceable assets under Section 70, paragraph 1, also the forfeiture of assets of equivalent value

Thirteen of the individual claimants in the thirtieth instalment also claimed for personal losses, including the losses of unincorporated businesses that were separate and distinct from the losses sustained by the Kuwaiti company.