Proceeds of Crime Act 2002 Explanatory Notes

Section 215: seized money

270.Section 215 provides the magistrates’ court with a new power to order any realisable property in the form of money in a bank or building society account to be paid to the chief clerk of the relevant Crown Court in satisfaction of a confiscation order. The power is only available where the prosecutor makes such application and a confiscation order has been made, time to pay has expired and the money is subject to a restraint order. The provision is made for the same purposes set out at section 67.

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