Section 22, The Anti-Money Laundering Act, 2005

(1) Upon application by a competent authority to thecourt, any property of or in the possession or under the control of any person who is convicted of money laundering and any property of that person, the subject of a freezing order shall, unless proved to the contrary, be deemed to be derived from money laundering and forfeited by order of the court. (2) In determining whether or not any property is derived from money laundering, the court shall apply the standard of proof required in civil proceedings. (3) In making a forfeiture order the court may give directions– (i) for the purpose of determining any dispute as to the ownership of or other interest in the property or any part thereof; (ii) as to the disposal of the property. (4) Upon application to the court by a person against whom a forfeiture order has been made under this section, the court may order that a sum deemed by the court to be the value of the property so ordered to be forfeited be paid by that person to the court and upon satisfactory payment of that sum by that person the property ordered to be forfeited shall be returned to him.