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Paragraph 3

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

In section 5—

(a)

for subsection (1) there shall be substituted the following subsection:

“(1)

In this Act “realisable property” means, subject to subsection (2) 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.”

(b)

subsections (3), (7) and (8) shall be omitted; and

(c)

in subsection (9) for the words “section 1 of this Act” there shall be substituted the words “the Drug Trafficking Offences Act 1986 (Designated Countries and Territories) Order 1990”.