ON PREVENTING AND STRIKING AT ORGANISED CRIME, TRAFFICKING, CORRUPTION AND OTHER CRIMES THROUGH PREVENTIVE MEASURES AGAINST ASSETS   |   10192

Article 32: Use of monetary means of confiscated assets

1The administrator carries out actions necessary to deliver to the accounts of the Agency of Administration of Sequestered and Confiscated Assets funds in monetary resources:

abeing confiscated which will not be used for the administration of other confiscated assets or which will not be used for the indemnification of the victims of the criminal offences of organised crime and trafficking;

bbeing earned out of the sale of movable assets that are not used in the activity of the commercial legal person and of the titles, in net value, earned out of the sale of assets for the indemnification of the victims of organised crime. If the procedures of sale are not economical, the Minister of Finance orders the transfer of ownership without payment or the destruction of the confiscated assets by the administrator;

cwhich are benefited from the retaking of personal loans. If the procedure to retake them is not economical or when after the verifications conducted by the Agency of the Sequestrated and Confiscated of Assets regarding the debtor’s repayment capability, results that he does not have repayment capabilities, the personal loans are annulled pursuant to the procedure provided for in article 30 of this law.

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