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Section 68C: Prohibition of holding illegally acquired property.

The Narcotic Drugs and Psychotropic Substances Act, 1985Central Act · Act 61 of 1985

[68C. Prohibition of holding illegally acquired property.-- (1) As from the commencement of this Chapter, it shall not be lawful for any person to whom this Chapter applies to hold any illegally acquired property either by himself or through any other person on his behalf.

(2) Where any person holds any illegally acquired property in contravention of the provisions of sub-section (1), such property shall be liable to be forfeited to the Central Government in accordance with the provisions of this Chapter:

[Provided that no property shall be forfeited under this Chapter if such property was acquired, by a person to whom this Act applies, before a period of six years from the date he was arrested or against whom a warrant or authorisation of arrest has been issued for the commission of an offence punishable under this Act or from the date the order or detention was issued, as the case may be.]]

Where this provision sits

ActThe Narcotic Drugs and Psychotropic Substances Act, 1985
Section68C
Marginal noteProhibition of holding illegally acquired property.
JurisdictionCentral
StatusIn force as published by the source

How this provision has been amended

Taken from the footnotes printed with the provision by the source. Where a footnote names the amending instrument, it is quoted as printed.

  • inserted, Act 2 of 1989. . Ins. by Act 2 of 1989, s. 19 (w.e.f. 29-5-1989)
  • substituted, Act 9 of 2001. . Subs. by Act 9 of 2001, s. 33, for "the proviso" (w.e.f. 2-10-2001).

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