Article 213X GeneralF1

This Part has effect for the purpose of enabling the freezing and forfeiture of F2money held in accounts maintained with relevant financial institutions (within the meaning of article 213Z1(6)) in civil proceedings before—

for the purpose of giving effect to external requests and external orders.

The powers conferred by this Part are exercisable in relation to money held in an account maintained with a F4relevant financial institution whether or not proceedings have been brought in the country from which the external order was sent for criminal conduct (within the meaning of section 447(8) of the Act (interpretation)) in connection with the property.

For the purposes of this Part the amount of any money held in an account maintained with a F5relevant financial institution in a currency other than sterling must be taken to be its sterling equivalent, calculated in accordance with the prevailing rate of exchange.