Part 4Confiscation: Northern Ireland
Interpretation
232Property: general provisions
1
Property is all property wherever situated and includes—
a
money;
b
all forms of real or personal property;
c
things in action and other intangible or incorporeal property.
2
The following rules apply in relation to property—
a
property is held by a person if he holds an interest in it;
b
property is obtained by a person if he obtains an interest in it;
c
property is transferred by one person to another if the first one transfers or grants an interest in it to the second;
d
references to property held by a person include references to property vested in his trustee in bankruptcy, permanent or interim trustee (within the meaning of the Bankruptcy (Scotland) Act 1985 (c. 66)) or liquidator;
e
references to an interest held by a person beneficially in property include references to an interest which would be held by him beneficially if the property were not so vested;
f
references to an interest, in relation to land in Northern Ireland or England and Wales, are to any legal estate or equitable interest or power;
g
references to an interest, in relation to land in Scotland, are to any estate, interest, servitude or other heritable right in or over land, including a heritable security;
h
references to an interest, in relation to property other than land, include references to a right (including a right to possession).