8
NO. 12 OF 2000
- (b) concealing or disguising the property (whether by concealing or disguising its nature, source, location, disposition, movement or ownership or any rights with respect to it or otherwise);
- (c) disposing of or converting the property;
- (d) bringing the property into or removing the property from Singapore;
- (e) using the property to borrow money, or as security (whether by way of charge, mortgage or pledge or otherwise); and
- (f) where a debt is owed to the person holding the property, making a payment to any person in reduction of the amount of the debt;
"drug trafficking offence" means—
- (a) any of the offences set out in the First Schedule to the Corruption, Drug Trafficking and Other Serious Crimes (Confiscation of Benefits) Act (Cap. 84A);
- (b) conspiracy to commit any of those offences;
- (c) inciting another to commit any of those offences;
- (d) attempting to commit any of those offences; or
- (e) aiding, abetting, counselling or procuring commission of any of those offences;
"financial institution" has the same meaning as in the Corruption, Drug Trafficking and Other Serious Crimes (Confiscation of Benefits) Act;
"foreign confiscation order" means an order made by a court in a prescribed foreign country for the recovery, forfeiture or confiscation of—
- (a) payments or other rewards received in connection with an offence against the law of that country that is a foreign offence, or the value of such payments or rewards; or
- (b) property derived or realised, directly or indirectly, from payments or other rewards received in connection with such an offence, or the value of such property,