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Proceeds of Crime Act 2002

Management Receivers

Sections 196 and 197: Appointment; Powers

260.These sections follow the current legislation in enabling a management receiver to be appointed where a restraint order has been made. The role of a management receiver is to manage property to maintain its value until a confiscation order is made. However, unlike England and Wales the appointment will continue to be made by the High Court. Section 197 sets out the same powers for a management receiver appointed by the court in Northern Ireland as section 48 provides for England and Wales.

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