New Zealand Legislation: Acts
Acts are laws made by Parliament
Where a Court—
(a) Makes a forfeiture order against any property; and
(b) Makes an order under subsection (3) of section 15 of this Act in respect of an interest in the property,—
the payment to the Crown, while the interest is still vested in the Crown, of the amount specified in the order under that subsection as the value of the interest shall operate to discharge the forfeiture order to the extent to which it relates to the interest, and the Minister shall arrange for the interest to be transferred to the person in whom it was vested immediately before the forfeiture order was made.
Compare: Proceeds of Crime Act 1987 (Aust), s 33