Paragraph 10M F1

(1)

If property is forfeited under paragraph 10G or 10J, an authorised officer must realise the property or make arrangements for its realisation.

(2)

But the property is not to be realised—

(a)

before the end of the period within which an appeal may be made (whether under paragraph 10K or otherwise), or

(b)

if an appeal is made within that period, before the appeal is determined or otherwise disposed of.

(3)

The realisation of property under sub-paragraph (1) must be carried out, so far as practicable, in the manner best calculated to maximise the amount obtained for the property.

Annotations

Textual amendments

F1: Sch. 1 Pt. 4A inserted (27.4.2017 for specified purposes, 30.1.2018 for the insertion of Sch. 1 para. 10G(9), 31.1.2018 in so far as not already in force) by Criminal Finances Act 2017 (c. 22), s. 58(1)(6), Sch. 3 para. 2; S.I. 2018/78, regs. 2(h), 3(cc)

Notes on Schedule 1

Textual amendments

F1: Word in Sch. 1 heading substituted (27.4.2017 for specified purposes, 31.1.2018 in so far as not already in force) by Criminal Finances Act 2017 (c. 22), s. 58(5)(6), Sch. 5 para. 16(2); S.I. 2018/78, reg. 5(1)(c)