Section 4: Prohibition of holding illegally acquired property.

The Smugglers and Foreign Exchange Manipulators (Forfeiture of Property) Act, 1976Central Act · Act 13 of 1976

(1) As from the commencement of this Act, it shall not be lawful for any person to whom this Act 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 Act.

Where this provision sits

Act	The Smugglers and Foreign Exchange Manipulators (Forfeiture of Property) Act, 1976
Section	4
Marginal note	Prohibition of holding illegally acquired property.
Jurisdiction	Central
Status	In force as published by the source
Judgments citing it	1

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