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2.—(1) Property which, apart from this Order, would be recoverable property and is—
(a)prescribed in Part 1 of the Schedule to this Order; or
(b)disposed of in pursuance of an enactment prescribed in Part 2 of the Schedule to this Order,
is not recoverable or (as the case may be) associated property.
(2) But where particular circumstances are prescribed in Part 2 of the Schedule to this Order in relation to an enactment, paragraph (1)(b) applies only in those circumstances.
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