Document ID: chunk:federal_register_of_legislation:C2025C00034:section:302b
Version: federal_register_of_legislation:C2025C00034
Segment Type: section
Provision Reference: s 302B
Character Range: 488156–488751

302B  When the charge ceases to have effect
  A charge created under section 302A ceases to have effect on a *person's property on the earliest of the following events:
 (a) the amount owing under subsection 293(3) is paid to the Commonwealth;
 (b) there is forfeited to the Commonwealth under this Act:
 (i) all of the property that is covered by the charge; or
 (ii) some of the property that is so covered, being property of a value that equals or exceeds the amount owing under subsection 293(3);
 (c) the person sells or disposes of the property with the consent of the *Official Trustee.