Explanatory Notes

Serious Crime Act 2007

2007 CHAPTER 27

30th October 2007

Commentary on Sections

Part 3: Other Measures to Prevent or Disrupt Serious and Other Crime

Chapter 2: Proceeds of Crime.Assets Recovery Agency
Section 83: Civil recovery management receivers

276.This section amends POCA to provide for a new type of receiver in civil recovery proceedings whose only function will be to manage property subject to a property freezing order. This is distinct from the current role of an interim receiver who has the additional roles of investigation of the property which he manages and reporting findings to the enforcement authority and the court. The new management receiver will have no investigation function and so will have no influence on the progress or final outcome of the case, accordingly the role does not need to be independent and therefore can be performed by a member of staff of the enforcement authority that is pursuing the civil recovery case.