(1) An in rem recovery order has effect in relation to property notwithstanding a provision which may prevent, penalize or restrict the vesting of the property.
(2) A right of pre-emption, right of return or other similar right does not operate or become exercisable as a result of the vesting of property under an in rem recovery order.
(3) Where property is vested under an in rem recovery order, any right is to have effect as if the person in whom the property is vested were the same person in law as the person who held the property and as if no transfer of the property had taken place.
(4) In this section, “right of return” means a right under a provision for the return or reversion of property in specified circumstances.
(Inserted by Act 18 of 2023)