Valid from 01/06/2015
[F1306AAProperty released from detentionE+W
(1)This section applies where—
(a)property is excluded from the bankrupt's estate by virtue of section 417(2)(b) of the Proceeds of Crime Act 2002 (property detained under certain provisions),
(b)no order is in force in respect of the property under section 41, 50, 120, 128, 190 or 198 of that Act, and
(c)the property is released.
(2)The property vests in the trustee as part of the bankrupt's estate.]
Textual Amendments
F1S. 306AA inserted (prosp.) by Policing and Crime Act 2009 (c. 26), ss. 112, 116(1), Sch. 7 para. 55