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July 20, 2009

Proceeds of Crime Legislation

Effective as of March 1, 2009, the New Brunswick Management of Seized and Forfeited Property Act gives the Attorney General the authority to sell or dispose of property that has been seized, restrained or forfeited to the provincial government under the Criminal Code and the federal Controlled Drugs and Substances Act.

A “proceeds of crime” trust fund has been established for the deposit of any funds recovered from the sale of forfeited property or liquid assets seized that are the proceeds of crime. The proceeds of crime trust fund will be used strictly for crime prevention or law enforcement, victim restitution and the administration of criminal justice.