In forceAs enactedCurrent version · As enactedSee versions on Singapore Statutes Online(opens the publisher’s site)
Organised Crime Regulations 2016 · As enacted · Part 3 · Confiscation of Benefits from Organised Crime Activities
21. Value of property
Feedback & supportFor the purposes of section 67(4) of the Act, the value of property held by a person (A) that is not cash is —
(a)
where any other person holds an interest in the property —
(i)
the market value of A’s beneficial interest in the property; less(ii)the amount required to discharge any incumbrance (other than a charging order) on that interest; and
(b)
in any other case, its market value.