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Drug Trafficking Act 1994

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Changes over time for: Section 30

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Version Superseded: 24/02/2003

Status:

Point in time view as at 01/04/2001. This version of this provision has been superseded. Help about Status

Changes to legislation:

Drug Trafficking Act 1994, Section 30 is up to date with all changes known to be in force on or before 02 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. Help about Changes to Legislation

30 Application of proceeds of realisation and other sums.E+W+S

(1)The following sums in the hands of a receiver appointed under section 26 or 29 of this Act or in pursuance of a charging order, that is—

(a)the proceeds of the enforcement of any charge imposed under section 27 of this Act,

(b)the proceeds of the realisation, other than by the enforcement of such a charge, of any property under section 26 or 29 of this Act, and

(c)any other sums, being property held by the defendant,

shall be applied, subject to subsection (2) below, on the defendant’s behalf towards the satisfaction of the confiscation order.

(2)Before any such sums are so applied they shall be applied—

(a)first, in payment of such expenses incurred by a person acting as an insolvency practitioner as are payable under section 35(3) of this Act; and

(b)second, in making such payments (if any) as the High Court or a county court may direct.

(3)If, after the amount payable under the confiscation order has been fully paid, any such sums remain in the hands of such a receiver as is mentioned in subsection (1) above, the receiver shall distribute those sums—

(a)among such of those who held property which has been realised under this Act, and

(b)in such proportions,

as the High Court or a county court may direct after giving a reasonable opportunity for such persons to make representations to the court.

(4)The receipt of any sum by a [F1justices’ chief executive] on account of an amount payable under a confiscation order shall reduce the amount so payable, but the [F1justices’ chief executive] shall apply the money received for the purposes specified in this section and in the order so specified.

(5)The [F1justices’ chief executive] shall first pay any expenses incurred by a person acting as an insolvency practitioner and payable under section 35(3) of this Act but not already paid under subsection (2) above.

(6)If the money was paid to the [F1justices’ chief executive] by a receiver appointed under section 26 or 29 of this Act or in pursuance of a charging order the [F1justices’ chief executive] shall next pay the receiver’s remuneration and expenses.

(7)After making—

(a)any payment required by subsection (5) above, and

(b)in a case to which subsection (6) above applies, any payment required by that subsection,

the [F1justices’ chief executive] shall reimburse any amount paid under section 36(2) of this Act.

(8)Any balance in the hands of the [F1justices’ chief executive] after he has made all payments required by the preceding provisions of this section shall be treated for the purposes of [F2section 60 of the Justices of the Peace Act 1997] (application of fines, etc.) as if it were a fine imposed by a magistrates’ court.

F3(9). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Extent Information

E1S. 30 extends to England and Wales only but see amendment by 1995 c. 43, ss. 35(2)(4), 44 (with Sch. 2 para. 2(2))

Textual Amendments

F2Words in s. 30(8) substituted (19.6.1997) by 1997 c. 25, ss. 73(2), 74(1), Sch. 5 para. 36(a) (with s. 73(1), Sch. 4 para. 27)

Modifications etc. (not altering text)

C1S. 30 extended to Scotland (1.4.1996) (subject to ss. 35, 36 of the amending Act) by 1995 c. 43, ss. 35(2)(4), 44 (with Sch. 2 para. 2(2))

S. 30 extended to Scotland (1.4.1996) (subject to ss. 35, 36 of the amending Act) by 1995 c. 43, ss. 35(2)(4), 44 (with Sch. 2 para. 2(2))

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