Proceeds of Crime Act, 1996 (Act No. 76 of 1996)Chapter 1 : Application of Act4. Realisable property |
| (1) | Subject to the provisions of subsection (2), the following property shall be realisable in terms of this Act, namely— |
| (a) | any property held by the defendant concerned; and |
| (b) | any property held by a person to whom that defendant has directly or indirectly made any affected gift. |
| (2) | Property shall not be realisable property if a declaration of forfeiture is in force in respect thereof. |