PART IINTRODUCTORY

Meaning of “property” and related expressions3

1

In this Order “property” includes money and all other property, real or personal, heritable or movable, and including things in action and other intangible or incorporeal property.

2

In this Order “interest” in relation to property, includes right.

3

This Order applies to property wherever situated.

4

References in this Order to property obtained, or to a pecuniary advantage derived, or to anything received, in connection with the commission of an offence or drug trafficking include a reference to property obtained or to a pecuniary advantage derived or to anything received, both in that connection and in some other connection.

5

In this Order—

a

references to property held by a person include a reference to property vested in his trustee in bankruptcy or liquidator;

b

references to an interest held by a person beneficially in property include a reference to an interest which would be held by him beneficially if the property were not so vested.

6

For the purposes of this Order—

a

property is held by any person if he holds any interest in it;

b

property is transferred by one person to another if the first person transfers or grants to the other any interest in the property.