(1) Proceedings shall not be brought for an in rem recovery order in respect of any recoverable property after the expiration of 12 years from—
(a) in the case of proceedings for a recovery order in respect of property obtained through criminal conduct, when the property was so obtained;
(b) in the case of proceedings for a recovery order in respect of tainted property, when the property became tainted property; or
(c) in the case of proceedings for a recovery order in respect of any other recoverable property, when the property obtained through criminal conduct which it represents is so obtained.
(2) For the purposes of subsection (1), proceedings for an in rem recovery order are brought when an application is made to the Court under section 23V.
(3) Subject to sections 29A and 49A, proceedings for an in rem recovery order may not be taken—
(a) in respect of cash found at any place in Saint Lucia unless the proceedings are taken in respect of property other than cash which is property of the same person;
(b) against the Attorney General in respect of any recoverable property held by the Attorney General;
(c) against any person in respect of any recoverable property which he or she holds by reason of his or her acting or having acted as a receiver in bankruptcy or as trustee appointed by, or supervised by the Court.
(Inserted by Act 18 of 2023)