Schedules
Schedule 7Minor and consequential amendments
Part 6Proceeds of crime: confiscation
54Insolvency Act 1986 (c. 45)
1
Section 306A (property subject to restraint order) is amended as follows.
2
In subsection (1)—
a
in paragraph (b) for “section 50, 128 or 198” substitute “section 50, 67A, 128, 131A, 198 or 215A”, and
b
after paragraph (c) insert “, and
d
d
immediately after the discharge of the restraint order the property is not detained under or by virtue of section 44A, 47J, 122A, 127J, 193A or 195J of that Act.
3
For subsection (2) substitute—
2
The property vests in the trustee as part of the bankrupt’s estate.