83 Civil recovery management receivers
Serious Crime Act 2007 (2007 c 27) | Legislation

83  Civil recovery management receivers

(1)     After section 245D of the Proceeds of Crime Act 2002 (property freezing orders) insert—

“245E Receivers in connection with property freezing orders

(1)     Subsection (2) applies if—

(a)     the High Court makes a property freezing order on an application by an enforcement authority, and

(b)     the authority applies to the court to proceed under subsection (2) (whether as part of the application for the property freezing order or at any time afterwards).

(2)     The High Court may by order appoint a receiver in respect of any property to which the property freezing order applies.

(3)     An application for an order under this section may be made without notice if the circumstances are such that notice of the application would prejudice any right of the enforcement authority to obtain a recovery order in respect of any property.

(4)     In its application for an order under this section, the enforcement authority must nominate a suitably qualified person for appointment as a receiver.

(5)     Such a person may be a member of staff of the enforcement authority.

(6)     The enforcement authority may apply a sum received by it under section 280(2) in making payment of the remuneration

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