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Terrorism Act 2000
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Terrorism Act 2000, Paragraph 3 is up to date with all changes known to be in force on or before 14 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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This section has no associated Explanatory Notes
3(1)A receiver appointed under paragraph 2 shall be entitled to be paid his remuneration and expenses by the proper officer out of the proceeds of the property realised by the receiver and paid to the proper officer under paragraph 2(1)(c).U.K.
(2)If and so far as those proceeds are insufficient, the receiver shall be entitled to be paid his remuneration and expenses by the prosecutor.
(3)A receiver appointed under paragraph 2 shall not be liable to any person in respect of any loss or damage resulting from action—
(a)which he takes in relation to property which is not forfeited property, but which he reasonably believes to be forfeited property,
(b)which he would be entitled to take if the property were forfeited property, and
(c)which he reasonably believes that he is entitled to take because of his belief that the property is forfeited property.
(4)Sub-paragraph (3) does not apply in so far as the loss or damage is caused by the receiver’s negligence.
Modifications etc. (not altering text)
C1Sch. 4 para. 3 applied (13.12.2001) by S.I. 2001/3927, art. 11(1)
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