C8C7C6C3C5C1C2C4Part 4Confiscation: Northern Ireland
Pt. 4 applied by S.I. 1989/1341 (N.I. 12), arts. 57(5B), 59(8B) (as substituted (24.3.2003) by Proceeds of Crime Act 2002 (c. 29), Supreme Court s. 458(1), Sch. 11 para. 19(2)(3); S.I. 2003/333, art. 2, Sch.)
Pt. 4: power to amend conferred (1.7.2005) by Serious Organised Crime and Police Act 2005 (c. 15), ss. 97(3), 178(8); S.I. 2005/1521, art. 3(1)(a)
Pt. 4 applied (3.12.2014) by The Criminal Justice and Data Protection (Protocol No. 36) Regulations 2014 (S.I. 2014/3141), reg. 1(b), Sch. 2 para. 11(5)
Pt. 4 applied (3.12.2014) by The Criminal Justice and Data Protection (Protocol No. 36) Regulations 2014 (S.I. 2014/3141), reg. 1(b), Sch. 2 para. 6(5)
Pt. 4 applied (20.12.2023) by National Security Act 2023 (c. 32), s. 100(1), Sch. 6 para. 8(5) (with s. 97); S.I. 2023/1272, reg. 2(a)
Pt. 4 applied (20.12.2023) by National Security Act 2023 (c. 32), s. 100(1), Sch. 6 para. 9(5) (with s. 97); S.I. 2023/1272, reg. 2(a)
Pt. 4 applied (20.12.2023) by National Security Act 2023 (c. 32), s. 100(1), Sch. 6 para. 42(4) (with s. 97); S.I. 2023/1272, reg. 2(a)
Application of sums
I1C7202C7 Enforcement receivers
1
This section applies to sums which are in the hands of a receiver appointed under section 198 if they are—
a
the proceeds of the realisation of property under section 199;
b
sums (other than those mentioned in paragraph (a)) in which the defendant holds an interest.
2
The sums must be applied as follows—
a
first, they must be applied in payment of such expenses incurred by a person acting as an insolvency practitioner as are payable under this subsection by virtue of section 432;
b
second, they must be applied in making any payments directed by the Crown Court;
c
third, they must be applied on the defendant’s behalf towards satisfaction of the confiscation order.
3
If the amount payable under the confiscation order has been fully paid and any sums remain in the receiver’s hands he must distribute them—
a
among such persons who held (or hold) interests in the property concerned as the Crown Court directs, and
b
in such proportions as it directs.
4
Before making a direction under subsection (3) the court must give persons who held (or hold) interests in the property concerned a reasonable opportunity to make representations to it.
5
For the purposes of subsections (3) and (4) the property concerned is—
a
the property represented by the proceeds mentioned in subsection (1)(a);
b
the sums mentioned in subsection (1)(b).
6
The receiver applies sums as mentioned in subsection (2)(c) by paying them to the appropriate chief clerk on account of the amount payable under the order.
7
The appropriate chief clerk is the chief clerk of the court at the place where the confiscation order was made.
Pt. 4 functions of receiver extended (24.2.2003) by Proceeds of Crime Act 2002 (Enforcement in different parts of the United Kingdom) Order 2002 (S.I. 2002/3133), arts. 1, 4(1)(a)