Part 2Confiscation: England and Wales

Management receivers

48 Appointment

(1)

Subsection (2) applies if—

(a)

the Crown Court makes a restraint order, and

(b)

the applicant for the restraint order applies to the court to proceed under subsection (2) (whether as part of the application for the restraint order or at any time afterwards).

F1(1A)

Subsection (2) also applies if—

(a)

a magistrates’ court has made a further detention order, and

(b)

an application is made to the Crown Court to proceed under subsection (2) by—

(i)

the prosecutor, or

(ii)

an accredited financial investigator.

(2)

The Crown Court may by order appoint a receiver in respect of any realisable property to which the restraint order F2or (as the case may be) further detention order applies.

F3(3)

For the purposes of this section and section 49, a “further detention order” is an order made in relation to property under section 47M (further detention of property detained under section 47J).