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Proceeds of Crime Act 2002

Changes over time for: SCHEDULE 7

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Proceeds of Crime Act 2002, SCHEDULE 7 is up to date with all changes known to be in force on or before 29 March 2024. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations. Help about Changes to Legislation

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Section 267

SCHEDULE 7U.K.Powers of trustee for civil recovery

This Atodlen has no associated Nodiadau Esboniadol

SaleU.K.

1Power to sell the property or any part of it or interest in it.

Commencement Information

I1Sch. 7 para. 1 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)

ExpenditureU.K.

2Power to incur expenditure for the purpose of—

(a)acquiring any part of the property, or any interest in it, which is not vested in him,

(b)discharging any liabilities, or extinguishing any rights, to which the property is subject.

Commencement Information

I2Sch. 7 para. 2 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)

ManagementU.K.

3(1)Power to manage property.

(2)Managing property includes doing anything mentioned in paragraph 5(2) of Schedule 6.

Commencement Information

I3Sch. 7 para. 3 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)

Legal proceedingsU.K.

4Power to start, carry on or defend any legal proceedings in respect of the property.

Commencement Information

I4Sch. 7 para. 4 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)

CompromiseU.K.

5Power to make any compromise or other arrangement in connection with any claim relating to the property.

Commencement Information

I5Sch. 7 para. 5 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)

SupplementaryU.K.

6(1)For the purposes of, or in connection with, the exercise of any of his powers—

(a)power by his official name to do any of the things mentioned in sub-paragraph (2),

(b)power to do any other act which is necessary or expedient.

(2)Those things are—

(a)holding property,

(b)entering into contracts,

(c)suing and being sued,

(d)employing agents,

(e)executing a power of attorney, deed or other instrument.

Commencement Information

I6Sch. 7 para. 6 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)

Yn ôl i’r brig

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