- Y Diweddaraf sydd Ar Gael (Diwygiedig)
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Proceeds of Crime Act 2002
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Proceeds of Crime Act 2002, Section 258 is up to date with all changes known to be in force on or before 29 April 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.
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258 Inhibition of property affected by orderU.K.
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Nodiadau Esboniadol
(1)On the application of the enforcement authority, the Court of Session may, in relation to the property mentioned in subsection (2), grant warrant for inhibition against any person specified in an interim administration order.
(2)That property is heritable property situated in Scotland to which the interim administration order applies (whether generally or such of it as is specified in the application).
(3)The warrant for inhibition—
(a)has effect as if granted on the dependence of an action for debt by the enforcement authority against the person and may be executed, recalled, loosed or restricted accordingly, and
(b)has the effect of letters of inhibition and must forthwith be registered by the enforcement authority in the register of inhibitions and adjudications.
(4)Section 155 of the Titles to Land Consolidation (Scotland) Act 1868 (c. 101) (effective date of inhibition) applies in relation to an inhibition for which warrant is granted under subsection (1) as it applies to an inhibition by separate letters or contained in a summons.
(5)The execution of an inhibition under this section in respect of property does not prejudice the exercise of an interim administrator’s powers under or for the purposes of this Part in respect of that property.
(6)An inhibition executed under this section ceases to have effect when, or in so far as, the interim administration order ceases to apply in respect of the property in relation to which the warrant for inhibition was granted.
(7)If an inhibition ceases to have effect to any extent by virtue of subsection (6) the enforcement authority must—
(a)apply for the recall or, as the case may be, the restriction of the inhibition, and
(b)ensure that the recall or restriction is reflected in the register of inhibitions and adjudications.
Commencement Information
I1S. 258 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)
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