- Y Diweddaraf sydd Ar Gael (Diwygiedig)
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Proceeds of Crime Act 2002
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Point in time view as at 18/04/2005.
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Proceeds of Crime Act 2002, Section 262 is up to date with all changes known to be in force on or before 05 November 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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262 Restriction on proceedings and remediesU.K.
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adran has no associated
Nodiadau Esboniadol
(1)While an interim administration 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 an interim administration order has been applied for or made in respect of the property, the court 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 in question an opportunity to be heard) give such an opportunity to the interim administrator (if appointed) and any person who may be affected by the court’s decision.
Commencement Information
I1S. 262 in force at 24.2.2003 by S.I. 2003/120, art. 2, Sch. (with arts. 3, 4) (as amended (20.2.2003) by S.I. 2003/333, art. 14)
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