Amendment status not verified — confirm the current text below against the official source.
(1) Where the Court makes a declaration that any property stands forfeited to the Central Government under section 120 and it is a case where the source of only a part of such property has not been proved to the satisfaction of the Court, it shall make an order giving an option to the person affected to pay, in lieu of forfeiture, a fine equal to the market value of such part. (2) Before making an order imposing a fine under sub-section (1), the person affected shall be given a reasonable opportunity of being heard. Management of properties seized or forfeited under this Chapter. Notice of forfeiture of property. Forfeiture of property in certain cases. Fine in lieu of forfeiture. 18 of 2013. Sec. 1] THE GAZETTE OF INDIA EXTRAORDINARY 35 ___________________________________________________________ __________________________________________________________ __________________________________________________________ __________________________________________________________ __________________________________________________________ __________________________________________________________ Sec. 1] THE GAZETTE OF INDIA EXTRAORDINARY 35 ꯲꯰꯱꯳ꯒꯤ꯱꯸꯫