- Y Diweddaraf sydd Ar Gael (Diwygiedig)
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Proceeds of Crime Act 2002
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Changes over time for: Section 79
No versions valid at: 30/12/2002
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- 24/03/2003- Amendment
- 30/12/2002
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Proceeds of Crime Act 2002, Section 79 is up to date with all changes known to be in force on or before 29 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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Yn ddilys o 24/03/2003
79 Value: the basic ruleE+W
This
adran has no associated
Nodiadau Esboniadol
(1)This section applies for the purpose of deciding the value at any time of property then held by a person.
(2)Its value is the market value of the property at that time.
(3)But if at that time another person holds an interest in the property its value, in relation to the person mentioned in subsection (1), is the market value of his interest at that time, ignoring any charging order under a provision listed in subsection (4).
(4)The provisions are—
(a)section 9 of the Drug Trafficking Offences Act 1986 (c. 32);
(b)section 78 of the Criminal Justice Act 1988 (c. 33);
(c)Article 14 of the Criminal Justice (Confiscation) (Northern Ireland) Order 1990 (S.I. 1990/2588 (N.I. 17));
(d)section 27 of the Drug Trafficking Act 1994 (c. 37);
(e)Article 32 of the Proceeds of Crime (Northern Ireland) Order 1996 (S.I. 1996/1299 (N.I. 9)).
(5)This section has effect subject to sections 80 and 81.
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