Recoverable property: property or sum of money specified in the external order
202.—(1) Property or a sum of money is recoverable property if it is specified in an external order (within the meaning of section 447(2) of the Act).
(2) Accordingly, the property (including money) must have been found to have been obtained as a result of or in connection with criminal conduct (within the meaning of section 447(8) of the Act) or must have been believed to have been so obtained.
(3) But if property (including money) which is specified in the external order has been disposed of (since it was so obtained), it is recoverable property only if it is held by a person into whose hands it may be followed.
(4) Recoverable property specified in an external order may be followed into the hands of a person obtaining it on a disposal by—
(a)the person who through the conduct obtained the property, or
(b)a person into whose hands it may (by virtue of this paragraph) be followed.
(5) Where an external order specifies property other than a sum of money, only that property is recoverable property.