Part 5Civil recovery of the proceeds etc. of unlawful conduct

F1CHAPTER 3ARecovery of listed assets in summary proceedings

Seizure and detention

303KInitial detention of seized property

(1)

Property seized under section 303J may be detained for an initial period of 6 hours.

(2)

Property seized under section 303J may be detained beyond the initial period of 6 hours only if its continued detention is authorised by a senior officer.

(3)

If the continued detention of property seized under section 303J is authorised under subsection (2), the property may be detained for a further period of 42 hours.

(4)

Subsections (1) to (3) authorise the detention of property only for so long as a relevant officer continues to have reasonable grounds for suspicion in relation to that property as described in section 303J(1) or (2) (as the case may be).

(5)

In calculating a period of hours for the purposes of this section, no account shall be taken of—

(a)

any Saturday or Sunday,

(b)

Christmas Day,

(c)

Good Friday,

(d)

any day that is a bank holiday under the Banking and Financial Dealings Act 1971 in the part of the United Kingdom within which the property is seized, or

(e)

any day prescribed under section 8(2) of the Criminal Procedure (Scotland) Act 1995 as a court holiday in a sheriff court in the sheriff court district within which the property is seized.

(6)

“Senior officer” has the same meaning in this section as it has in section 303E.