http://www.legislation.gov.uk/ukpga/2009/26/schedule/7/paragraph/55/2011-01-21Policing and Crime Act 2009An Act to make provision about the police; to make provision about prostitution, sex offenders, sex establishments and certain other premises; to make provision for reducing and dealing with the abuse of alcohol; to make provision about the proceeds of crime; to make provision about extradition; to amend the Aviation Security Act 1982; to make provision about criminal records and to amend the Safeguarding Vulnerable Groups Act 2006 and the Safeguarding Vulnerable Groups (Northern Ireland) Order 2007; to confer, extend or facilitate search, forfeiture and other powers relating to the United Kingdom's borders or elsewhere; to make further provision for combatting crime and disorder; to repeal redundant provisions; and for connected purposes.texttext/xmlenStatute Law Database2021-05-04Expert Participation2011-01-21 SchedulesSchedule 7Minor and consequential amendmentsPart 6Proceeds of crime: confiscation<Emphasis>Insolvency Act 1986 (c. 45)</Emphasis>55After section 306A insert—Property released from detention306AA1This section applies where—aproperty 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),bno order is in force in respect of the property under section 41, 50, 120, 128, 190 or 198 of that Act, andcthe property is released.2The property vests in the trustee as part of the bankrupt's estate.
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