Narcotic Drugs and Psychotropic Substances Act, 1985
68K. Fine in lieu of forfeiture
(1) Where the competent authority makes a declaration that any
property stands forfeited to the Central Government under section 68-I and it
is a case where the source of only a part of the illegally acquired property
has not been proved to the satisfaction of the competent authority, it shall
make an order giving an option to the person affected to pay, in lieu of
forfeiture, a fine equal to the market value of such part.
(2) Before making an order imposing a fine under sub-section
(1), the person affected shall be given a reasonable opportunity of being
heard.
(3) Where the person affected pays the fine due under
sub-section (1), within such time as may be allowed in that behalf, the
competent authority may, by order, revoke the declaration of forfeiture under
section 68-I and thereupon such property shall stand released.