Part 2Confiscation: England and Wales

Enforcement: money, cryptoassets and personal property

F167ASeized personal property

(1)

This section applies to personal property which is held by a person and which—

(a)

has been seized by an appropriate officer under a relevant seizure power, or

(b)

has been produced to an appropriate officer in compliance with a production order under section 345.

F2(3)

If—

(a)

a confiscation order is made against the person by whom the property is held, and

(b)

a receiver has not been appointed under section 50 in relation to the property,

a magistrates' court may by order authorise an appropriate officer to realise the property.

(4)

In this section “appropriate officer” and “relevant seizure power” have the same meaning as in section 41A.