Asset Recovery Flashcards
1
Q
What is an instrument?
A
Any asset used to to commit or facilitate a crime
2
Q
When does asset recovery start?
A
Offence punishable of 5+
$30000 criminal benefit
3
Q
What are the types of orders available?
A
Asset Forfeiture Order
Profit forfeiture order
4
Q
What is covered in Asset Forfeiture Order
A
an instrument of crime
specific property that is tainted with criminal money
5
Q
What is covered in Profit Forfeiture Order
A
Cash earned from offending
