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Part 2Confiscation: England and Wales

Restrictions

60Director’s receivers

(1)Subsections (2) to (4) apply if—

(a)the Crown Court has made an order under section 52 for the appointment of a receiver in respect of any realisable property, and

(b)the order has taken effect.

(2)No distress may be levied against the property except with the leave of the Crown Court and subject to any terms the Crown Court may impose.

(3)If the order is for the appointment of a receiver in respect of a tenancy of any premises, no landlord or other person to whom rent is payable may exercise a right within subsection (4) except with the leave of the Crown Court and subject to any terms the Crown Court may impose.

(4)A right is within this subsection if it is a right of forfeiture by peaceable re-entry in relation to the premises in respect of any failure by the tenant to comply with any term or condition of the tenancy.

(5)If a court (whether the Crown Court or any other court) in which proceedings are pending in respect of any property is satisfied that an order under section 52 for the appointment of a receiver in respect of the property has taken effect, the court may either stay the proceedings or allow them to continue on any terms it thinks fit.

(6)Before exercising any power conferred by subsection (5), the court must give an opportunity to be heard to—

(a)the Director, and

(b)the receiver.