(1) Where, in proceedings under this Part, the Court determines that property is recoverable property, the Court shall make an in rem recovery order and appoint a suitably qualified person as the trustee for civil recovery to give effect to the in rem recovery order.
(2) Where an in rem recovery order is made, the recoverable property is transferred from a receiver and vests in the person appointed by the Court to be a trustee.
(Inserted by Act 18 of 2023)