Government of Canada / Gouvernement du Canada
Symbol of the Government of Canada


Seized Property Management Act

Version of section 14 from 2018-10-17 to 2019-06-20:

Marginal note:If costs are greater than proceeds

 If the proceeds of disposition available to Her Majesty from the forfeiture of any property under subsection 462.37(1), (2) or (2.01) or 462.38(2), subparagraph 462.43(c)(iii) or subsection 490(9) of the Criminal Code, subsection 16(1) or 17(2) of the Controlled Drugs and Substances Act or subsection 94(1) or 95(2) of the Cannabis Act are insufficient to cover the outstanding amounts charged to the Working Capital Account under subsection 12(2), and any interest on it, in respect of the property, there is to be charged to the Proceeds Account and credited to the Working Capital Account, or to interest revenue, as the case may be, an amount equal to the amount of the shortfall.

  • 1993, c. 37, s. 14
  • 1996, c. 19, s. 92
  • 1997, c. 23, s. 25
  • 2005, c. 44, s. 16
  • 2018, c. 16, s. 181

Date modified: