Section 81 Property released from detentionI1
(1)
Subsection (2) applies where—
(a)
property is excluded from the debtor's estate by virtue of section 420(2)(b) of the Proceeds of Crime Act 2002 (property detained under certain provisions),
(b)
no order is in force in respect of the property under section 41, 50, 120, 128, 190 or 198 of that Act, and
(c)
the property is released.
(2)
The property vests in the trustee in the sequestration as part of the debtor's estate.
Annotations
Commencement
- I1
S. 81 in force at 30.11.2016 by S.S.I. 2016/294, reg. 2