Proceeds of Crime Act 2002

276 Consent ordersU.K.
This section has no associated Explanatory Notes

(1)The court may make an order staying (in Scotland, sisting) any proceedings for a recovery order on terms agreed by the parties for the disposal of the proceedings if each person to whose property the proceedings, or the agreement, relates is a party both to the proceedings and the agreement.

(2)An order under subsection (1) may, as well as staying (or sisting) the proceedings on terms—

(a)make provision for any property which may be recoverable property to cease to be recoverable,

(b)make any further provision which the court thinks appropriate.

(3)Section 280 applies to property vested in the trustee for civil recovery, or money paid to him, in pursuance of the agreement as it applies to property vested in him by a recovery order or money paid under section 271.

Commencement Information

I1S. 276 in force at 24.2.2003 by S.I. 2003/120, art. 2, Sch. (with arts. 3, 4) (as amended (20.2.2003) by S.I. 2003/333, art. 14)