Finance Act, 1995


92.—(1) If, on the expiration of the period referred to in section 91 (1), no notice has been given under that section, the thing in question shall be deemed to have been duly condemned as forfeited.

(2) Subject to subsection (3), where a notice in respect of any thing is duly given under section 91 , the Commissioners shall take proceedings for the condemnation of the thing by the court, and, in case the court finds that the thing was at the time of seizure liable to forfeiture, the court shall condemn it as forfeited and, in any other case, shall order its release to its owner.

(3) Where any thing is, under the provisions of this section, condemned or deemed to have been condemned as forfeited, the forfeiture shall have effect as from the date when the liability to forfeiture arose.