SCHEDULES
C1C2C3C4 SCHEDULE 12Taking control of goods
Sch. 12 applied (6.4.2014) by Finance Act 2008 (c. 9), ss. 127(2), 129(4); S.I. 2014/906, arts. 2, 3
Sch. 12 applied by S.I. 2013/2605, art. 21K(1) (as inserted (12.11.2018) by The Proceeds of Crime Act 2002 (External Investigations and External Orders and Requests) (Amendment) Order 2018 (S.I. 2018/1078), arts. 1(2), 8)
Sch. 12 applied by S.I. 2014/1893, art. 34K(1) (as inserted (12.11.2018) by The Proceeds of Crime Act 2002 (External Investigations and External Orders and Requests) (Amendment) Order 2018 (S.I. 2018/1078), arts. 1(2), 20)
C2Part 2The procedure
Limitation of liability for sale or payment of proceeds
I1C264
1
Any liability of an enforcement agent or related party to a lawful claimant for paying over proceeds is excluded except in two cases.
2
The first exception is where at the time of the payment he had notice that the goods were not the debtor's, or not his alone.
3
The second exception is where before that time the lawful claimant had made an application to the court claiming an interest in the goods.
4
A lawful claimant in relation to goods is a person who has an interest in them at the time of sale.
Sch. 12 applied (prosp.) by Finance Act 2008 (c. 9), ss. 127(2), 129(4)