Paragraph 4

subsection (1) shall be omitted;

for subsection (2) there shall be substituted the following subsection:

“(2)

In this Act “realisable property” means, subject to subsection (3) below—

(a)

in relation to an external confiscation order made in respect of specified property, the property which is specified in the order; and

(b)

in any other case—

(i)

any property held by the defendant; and

(ii)

any property held by a person to whom the defendant has directly or indirectly made a gift caught by this Act.”;

subsection (4) shall be omitted.