C2C1C3C5C4C6C7Part 2Confiscation: England and Wales

Annotations:

Reconsideration

I1C2C124C2C1 Inadequacy of available amount: discharge of order

1

This section applies if—

a

a court has made a confiscation order,

b

F1the designated officer for a magistrates' court applies to the Crown Court for the discharge of the order, and

c

the amount remaining to be paid under the order is less than £1,000.

2

In such a case the court must calculate the available amount, and in doing so it must apply section 9 as if references to the time the confiscation order is made were to the time of the calculation and as if references to the date of the confiscation order were to the date of the calculation.

3

If the court—

a

finds that the available amount (as so calculated) is inadequate to meet the amount remaining to be paid, and

b

is satisfied that the inadequacy is due wholly to a specified reason or a combination of specified reasons,

it may discharge the confiscation order.

4

The specified reasons are—

a

in a case where any of the realisable property consists of money in a currency other than sterling, that fluctuations in currency exchange rates have occurred;

b

any reason specified by the Secretary of State by order.

5

The Secretary of State may by order vary the amount for the time being specified in subsection (1)(c).

F26

The discharge of a confiscation order under this section does not prevent the making of an application in respect of the order under section 21(1)(d) or 22(1)(c).

7

Where on such an application the court determines that the order should be varied under section 21(7) or (as the case may be) 22(4), the court may provide that its discharge under this section is revoked.