Section 62
Confiscation of sale proceeds of illicit drugs or substances.
The Narcotic Drugs and Psychotropic Substances Act, 1985
About this Act
An Act to consolidate and amend the law relating to narcotic drugs, to make stringent provisions for the control and regulation of operations relating to narcotic drugs and psychotropic substances , to provide for the forfeiture of property derived from, or used in, illicit traffic in narcotic drugs and psychotropic substances, to implement the provisions of the International Conventions on Narcotic Drugs and Psychotropic Substances and for matters connected therewith.
Where any 1[narcotic drug,
psychotropic substance] or controlled substance is sold by a person having knowledge or reason to
believe that the drug or substance is liable to confiscation under this Act, the sale proceeds thereof shall
also be liable to confiscation.
Notes
1. Subs. by s. 28, ibid., for "narcotic drug or psychotropic substance" (w.e.f. 2-10-2001).