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Article 14.Disposal of confiscated proceeds ofcrime or propertyA. Negotiation textsThird session: 28 April-3 May 1999Notes by the Secretariat1. The text of article 7 ter was previously part of article 7 in the early drafts of theconvention (A/AC.254/4/Revs.1 and 2).Rolling text (A/AC.254/4/Rev.3)“Article 7 ter“Disposal of confiscated assets“1. Proceeds of crime or property confiscated by a State Party pursuant toparagraph 1 of article 7 or paragraph 1 of article 7 bis shall be disposed of by thatState Party according to its domestic law and administrative procedures.“2. When acting on the request of another State Party in accordance with thisarticle, a State Party may give special consideration to concluding agreements on:“(a) Contributing the value of such proceeds and property, or funds derivedfrom the sale of such proceeds or property or a substantial part thereof to intergovernmentalbodies specializing in the fight against organized crime;“(b) Sharing with other States Parties, on a regular or case-by-case basis, suchproceeds or property, or funds derived from the sale of such proceeds or property,in accordance with its domestic law, administrative procedures or bilateral or multilateralagreements entered into for this purpose.”Fifth session: 4-15 October 1999Notes by the Secretariat2. Delegations based their comments on the text of article 7 ter of the revised draftconvention contained in document A/AC.254/4/Rev.4, which was the same as that containedin document A/AC.254/4/Rev.3.125