5 Time for payment
Serious Crime Act 2015 (2015 c 9) | Legislation

Confiscation: other amendments

5  Time for payment

(1)     For section 11 of the Proceeds of Crime Act 2002 substitute—

“11 Time for payment

(1)     Unless subsection (2) applies, the full amount ordered to be paid under a confiscation order must be paid on the day on which the order is made.

(2)     If the court making the confiscation order is satisfied that the defendant is unable to pay the full amount on that day, it may make an order requiring whatever cannot be paid on that day to be paid—

(a)     in a specified period, or

(b)     in specified periods each of which relates to a specified amount.

(3)

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