law: Smugglers and Foreign Exchange Manipulators (Forfeiture of Property) Act, 1976
  3. Definition-
  (1) In this Act, unless the context otherwise
  
  requires,-
  1. "Appellate
  
  Tribunal" means the Appellate Tribunal for Forfeited Property constituted
  
  under section 12;
  2. "competent 
  
  authority" means an officer of the Central Government authorized by it under 
  
  sub-section (1) of section 5 to perform the functions of a competent authority 
  
  under this Act;
  3. "illegally
  
  acquired property", in relation to any person to whom this Act applies,
  
  means-
  i. Any property
  
  acquired by such person, whether before or after the commencement of this Ac,
  
  wholly or partly out of or by means of any income, earnings or assets derived
  
  or obtained from or attributable to any activity prohibited by or under any law
  
  for the time being in force relating to any matter in respect of which
  
  Parliament has power to make laws; or
  ii. any property
  
  acquired by such person, whether before or after the commencement of this Act,
  
  wholly or partly our of or be means of any income, earning or assets in respect
  
  of which any such law has been contravened; or
  iii. any property
  
  acquired by such person, whether before or after the commencement of this Act,
  
  wholly or partly out of or by means of any income, earnings or assets the
  
  source of which cannot be proved and which cannot be shown to be attributable
  
  to any act or thing done in respect of any matter in relation to which
  
  Parliament has no power to make laws; or
  iv. any property
  
  acquired by such person, whether before or after the commencement of this Act,
  
  for a consideration, or by any means, wholly or partly traceable to any
  
  property referred to in such-clauses (I) to (iii) or the income or earnings
  
  from such property ; and includes-
  A. any, property held
  
  by such person which would have been, in relation to any previous holder
  
  thereof, illegally acquired property under this clause if such previous holder
  
  had not ceased to hold it, unless such person or any other person who held the
  
  property at any time after such previous holder or, where there are two or more
  
  such previous holders the last of such previous holders is or was a transferee
  
  in good faith for adequate consideration ;
  B. any property
  
  acquired by such person, whether before or after the commencement of this Act,
  
  for a consideration, or by any means, wholly or partly traceable to any property
  
  falling under item (A), or the income or earnings there from ;
  1.
  
  "prescribed" means prescribed by rules made under this Act;
  2.
  
  "property" includes any interest in property, movable or immovable;
  3.
  
  "trust" includes any other legal obligation.
  (2) Any reference in this Act to any law which
  
  is not in force in any areas shall, in relation to that area, be construed as a
  
  reference to the corresponding law, if any, in force in that area.
  (3) Any reference in this Act to any officer
  
  or authority shall, in relation to any area in which there is not officer or
  
  authority with the same designation, be construed as a reference to such
  
  officer or authority as may be specified by the Central Government by
  
  notification in the Official Gazette. 
  Comment: "The definition of "illegally acquired
  
  properties" in Cl. (c) of S. 3(l) of SAFEMA is undoubtedly quite wide. It
  
  means and includes "any property acquired by such person, whether before
  
  or after the commencement of this Act, wholly or partly out of or by means of
  
  any income, earnings or assets derived or obtained from or attributable to any
  
  activity prohibited, by or under any law for the time being in force relating
  
  to any matter in respect of which Parliament has power to make laws ": Attorney
  
  General for India etc. etc., Petitioners v. Amratlal Prajivandas AIR 1994
  
  SUPREME COURT 2179