Section 68K
Fine in lieu of forfeiture
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.
1[68K. Fine in lieu of forfeiture. -- (1) Where the competent authority makes a declaration that any
property stands forfeited to the Central Government under section 68-I and it is a case where the source of
only a part of the illegally acquired property has not been proved to the satisfaction of the competent
authority, it shall make an order giving an option to the person affected to pay, in lieu of forfeiture, a fine
equal to the market value of such part.
(2) Before making an order imposing a fine under sub-section (1), the person affected shall be given a reasonable opportunity of being heard.
(3) Where the person affected pays the fine due under sub-section (1), within such time as may be allowed in that behalf, the competent authority may, by order, revoke the declaration of forfeiture under section 68-I and thereupon such property shall stand released.]
(2) Before making an order imposing a fine under sub-section (1), the person affected shall be given a reasonable opportunity of being heard.
(3) Where the person affected pays the fine due under sub-section (1), within such time as may be allowed in that behalf, the competent authority may, by order, revoke the declaration of forfeiture under section 68-I and thereupon such property shall stand released.]
Notes
1. Ins. by Act 2 of 1989, s. 19 (w.e.f. 29-5-1989)