Application of proceeds of realisation and other sums
20.—(1)  Subject to subsection (2), the following sums in the hands of the Public Trustee or any receiver under section 16 or 19 or in pursuance of a charging order, that is —
(a)the proceeds of the enforcement of any charge imposed under section 17;
(b)the proceeds of the realisation, other than by the enforcement of such a charge, of any property under section 16 or 19; and
(c)any other sums, being property held by the defendant,
shall, after such payments (if any) as the General Division of the High Court may direct have been made out of those sums, be applied on the defendant’s behalf towards the satisfaction of the confiscation order.
[Act 40 of 2019 wef 02/01/2021]
(2)  If, after the amount payable under the confiscation order has been fully paid, any such sums remain in the hands of the Public Trustee or receiver, he shall distribute those sums —
(a)among such of those who held property which has been realised under this Act; and
(b)in such proportions,
as the General Division of the High Court may direct after giving a reasonable opportunity for such persons to make representations to the General Division of the High Court.
[Act 40 of 2019 wef 02/01/2021]
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