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Criminal Assets Bureau entitled to appoint receiver over house despite occupant’s concerns of homelessness
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The Court of Appeal has dismissed an appeal from the High Court and affirmed a decision, on the application of the Criminal Assets Bureau, to appoint a receiver with full power of sale over a dwelling house deemed to be the proceeds of crime, despite the appellant's argument that this would render her and her infant children homeless. The appellant's offer to insure the property was also considered but found insufficient, as the court determined she lacked an insurable interest following the section 3 order.
Proceeds of Crime Act 1996, receiver appointment, power of sale, dwelling house, proceeds of crime, homelessness, insurance, equitable principles, Dean Russell principles, section 3 order, section 7 order, insurable interest, Court of Appeal, High Court, criminal activity, money laundering, receivership, public interest, family home, constitutional rights, evidence of hardship, legal aid scheme.
Note: This is intended to be a fair and accurate report of a decision made public by a court of law. Any errors should be notified to the editor and will be dealt with accordingly.
