There are currently no known outstanding effects for the Proceeds of Crime Act 2002, Section 306.
(1)Subsection (2) applies if a person’s recoverable property is mixed with other property (whether his property or another’s).
(2)The portion of the mixed property which is attributable to the recoverable property represents the property obtained through unlawful conduct.
(3)Recoverable property is mixed with other property if (for example) it is used—
(a)to increase funds held in a bank account,
(b)in part payment for the acquisition of an asset,
(c)for the restoration or improvement of land,
[F1(ca)for the discharge (in whole or in part) of a mortgage, charge or other security,]
(d)by a person holding a leasehold interest in the property to acquire the freehold.
Textual Amendments
F1S. 306(3)(ca) inserted (27.4.2017 for specified purposes, 31.1.2018 for E.W.S. in so far as not already in force) by Criminal Finances Act 2017 (c. 22), ss. 34(10), 58(1)(6); S.I. 2018/78, reg. 3(s)
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