Document ID: chunk:federal_register_of_legislation:F2018L01121:reg:77
Version: federal_register_of_legislation:F2018L01121
Segment Type: reg
Provision Reference: reg 77
Character Range: 78065–78664

77  Return of market value of property
 (1) A court of a State or Territory that has jurisdiction in relation to claimable property may order the Commonwealth to pay a person an amount equal to the market value of the claimable property if the court is satisfied that:
 (a) the person is the owner of the property; and
 (b) the property has been disposed of purportedly under section 72, 73, 74 or 76; and
 (c) the circumstances for disposing of the property do not exist.
 (2) The market value that the court may order is the market value of the property at the time the property was disposed of.