14 Seized money etc

14  Seized money etc

(1)     In section 67 of the Proceeds of Crime Act 2002 (seized money), for subsections (4) and (5) substitute—

“(5)     If—

(a)     a confiscation order is made against a person holding money to which this section applies, and

(b)     a receiver has not been appointed under section 50 in relation to the money,

a magistrates' court may order the bank or building society to pay the money to the designated officer for the court on account of the amount payable under the confiscation order.”

(2)

Powered by Lexis+®

Popular documents