1[58C. Prohibition of holding illegally acquired property. — (1) From the date of commencement of
this Chapter, it shall not be lawful for any person to whom this Chapter applies to hold any illegally
acquired property either by himself or through any other person on his behalf.
(2) Where any person holds such property in contravention of the provisions of sub-section (1), such property shall be liable to be forfeited to the State Government concerned in accordance with the provisions of this Chapter:
Provided that no property shall be forfeited under this Chapter if such property was acquired by a person to whom this Act applies before a period of six years from the date on which he was charged for an offence relating to illegal hunting and trade of wild life and its products.]
1. Ins. by Act 16 of 2003, s. 34 (w.e.f. 1-4-2003).
(2) Where any person holds such property in contravention of the provisions of sub-section (1), such property shall be liable to be forfeited to the State Government concerned in accordance with the provisions of this Chapter:
Provided that no property shall be forfeited under this Chapter if such property was acquired by a person to whom this Act applies before a period of six years from the date on which he was charged for an offence relating to illegal hunting and trade of wild life and its products.]
1. Ins. by Act 16 of 2003, s. 34 (w.e.f. 1-4-2003).