Act Number: 61

Act Name: The Narcotic Drugs and Psychotropic Substances Act, 1985

Year: 1985

Enactment Date: 1985-09-16

Long Title: 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.

Ministry: Ministry of Finance

Department: Department of Revenue

Section 68C: Prohibition of holding illegally acquired property.
    1[68C. Prohibition of holding illegally acquired property.-- (1) As from the commencement of this Chapter, it shall not be lawful for any person to whom this Chapter applies to hold any illegally acquired property either by himself or through any other person on his behalf.
     (2) Where any person holds any illegally acquired property in contravention of the provisions of sub-section (1), such property shall be liable to be forfeited to the Central Government in accordance with the provisions of this Chapter:
     2[Provided that no property shall be forfeited under this Chapter if such property was acquired, by a person to whom this Act applies, before a period of six years from the date he was arrested or against whom a warrant or authorisation of arrest has been issued for the commission of an offence punishable under this Act or from the date the order or detention was issued, as the case may be.]]
Notes:
1. Ins. by Act 2 of 1989, s. 19 (w.e.f. 29-5-1989)
2. Subs. by Act 9 of 2001, s. 33, for "the proviso" (w.e.f. 2-10-2001).
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