Act 13 of 1976

The Smugglers and Foreign Exchange Manipulators (Forfeiture of Property) Act, 1976

An Act to provide for the forfeiture of illegally acquired properties of smugglers and foreign exchange manipulators and for matters connected therewith or incidental thereto.

  • Ministry of Finance
  • Department of Revenue
  • Enacted 1976-01-25
  • 29 sections
SectionTitle
1 Short title, extent and commencement. Read
2 Application. Read
2A Act not to apply to certain persons. Read
3 Definitions. Read
4 Prohibition of holding illegally acquired property. Read
5 Competent authority. Read
6 Notice of forfeiture. Read
7 Forfeiture of property in certain cases. Read
8 Burden of proof. Read
9 Fine in lieu of forfeiture. Read
10 Procedure in relation to certain trust properties. Read
11 Certain transfers to be null and void. Read
12 Constitution of Appellate Tribunal. Read
12A Qualifications, terms and conditions of service of Chairperson, and Member.Read
13 Notice or order not to be invalid for error in description. Read
14 Bar of jurisdiction. Read
15 Competent authority and Appellate Tribunal to have powers of civil court. Read
16 Information to competent authority. Read
17 Certain officers to assist competent authority and Appellate Tribunal. Read
18 Power of competent authority to require certain officers to exercise certain powers. Read
19 Power to take possession. Read
20 Rectification of mistakes. Read
21 Findings under other laws not conclusive for proceedings under this Act. Read
22 Service of notices and orders. Read
23 Protection of action taken in good faith. Read
24 Act to have overriding effect. Read
25 Provisions of the Act not to apply to certain properties held in trust. Read
26 Power to make rules. Read
27 Repeal and saving. Read
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