Drug Trafficking (Recovery of Proceeds) Ordinance (Cap. 405), 1989

The Drug Trafficking (Recovery of Proceeds) Ordinance (Cap. 405) of Hong Kong was enacted in 1989 and amended by 2002.

Together with the Organised and Serious Crimes Ordinance (Cap. 455) the Drug Trafficking (Recovery of Proceeds) Ordinance provides for the tracing, freezing, confiscation and recovery of the proceeds of drug trafficking and other indictable offences respectively. It creates offences relating to those proceeds or property representing those proceeds. The money laundering offences are found in section 25 of the Ordinance, which provides that it is a criminal offence to deal with property knowing, or having reasonable grounds to believe, that the property is the proceeds of drug trafficking or the proceeds of an indictable offence.