Clause 10
Amendment of section 47
of Corruption, Drug Trafficking and Other Serious Crimes (Confiscation of Benefits) (Amendment) Bill
Section 47 of the principal Act is amended —
by deleting the word “or” at the end of subsection (1)(a);
by deleting the comma at the end of paragraph (b) of subsection (1) and substituting the word “; or”, and by inserting immediately thereafter the following paragraph:“(c)acquires, possesses or uses that property,”;
by inserting, immediately after the words “inadequate consideration,” in subsection (3), the words “, or has possession of or uses such property,”; and
by deleting the word “Concealing” in the section heading and substituting the words “Acquiring, possessing, using, concealing”.