New Zealand Case Law: Decisions & Judgments | LexChat

New Zealand Case Law

Property valuation and application of proceeds
  • 1 Jul 2020

    R v MATAMATA [2020] NZHC 1530

    Citation
    [2020] NZHC 1530
    Court
    High Court

    The Court found on the evidence that both Kiwi Street properties were instruments of crime because they enabled the commission and facilitation of slavery and trafficking offences; the defendant retained effective control over the properties and thus had an enforceable interest; the parties agreed the defendant's partial interest equated to 49% equity valued at $215,000; having regard to s142N factors and third-party interests, a consent Instrument Forfeiture Order forfeiting that partial interest to the Crown was appropriate and was made with specified procedures for payment and application…