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Proceeds of Crime Act 2002
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Changes over time for: Section 255D
Alternative versions:
- 01/01/2006- Amendment
- 26/05/2016
Point in time
Status:
Point in time view as at 26/05/2016.
Changes to legislation:
Proceeds of Crime Act 2002, Section 255D is up to date with all changes known to be in force on or before 27 December 2024. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
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[F1255DRestriction on proceedings and remediesU.K.
This
adran has no associated
Nodiadau Esboniadol
(1)While a prohibitory property order has effect the court may sist any action, execution or other legal process in respect of the property to which the order applies.
(2)If a court (whether the Court of Session or any other court) in which proceedings are pending in respect of any property is satisfied that a prohibitory property order has been applied for or made in respect of the property, it may either sist the proceedings or allow them to continue on any terms it thinks fit.
(3)Before exercising any power conferred by this section, the court must (as well as giving the parties to any of the proceedings concerned an opportunity to be heard) give such an opportunity to any person who may be affected by the court's decision.]
Textual Amendments
F1Ss. 255A-255F and cross-heading inserted (1.1.2006) by Serious Organised Crime and Police Act 2005 (c. 15), ss. 98(2), 178(7)(a); S.I. 2005/3136, art. 2(a)
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