SCHEDULES
SCHEDULE 4 Forfeiture Orders
Part IV Insolvency: United Kingdom Provisions
Interpretation
53
1
In this Part of this Schedule (other than in paragraph 51) “insolvency practitioner” means a person acting in any qualifying insolvency proceedings in any part of the United Kingdom as—
a
a liquidator of a company or partnership,
b
a trustee in bankruptcy,
c
the permanent or interim trustee on the debtor’s estate,
d
an administrator of the insolvent estate of a deceased person, or
e
a receiver or manager of any property.
2
In this Part of this Schedule “qualifying insolvency proceedings” means—
a
b
c
any proceedings in bankruptcy or, in Scotland, any sequestration of a debtor’s estate, or
3
In this Part of this Schedule “the relevant officer” means in England and Wales and in Northern Ireland—
a
where the forfeiture order in question is made by a court in England and Wales, the proper officer within the meaning given in paragraph 4,
b
where the forfeiture order in question is made by a court in Northern Ireland, the proper officer within the meaning given in paragraph 32, and
c
in any other case, the appropriate officer of the High Court.
4
In this Part of this Schedule “the relevant officer” means in Scotland—
a
where the forfeiture order in question is made by a court in Scotland, the clerk of the court,
b
in any other case, the Principal Clerk of Session and Justiciary.
5
In this Part of this Schedule references to the proceeds of sale or realisation of property are references to the proceeds after deduction of the costs of sale or realisation.