# Proceeds of Crime Act 2002, Paragraph 23


(1) If a compensating payment is made to the transferor, the proceeds from the balancing event are the amount of the payment.
(2) Otherwise, the proceeds from the balancing event are the amount which is equal to the residue of qualifying expenditure immediately before the transfer.

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Source: https://www.legislation.gov.uk/ukpga/2002/29/schedule/10/paragraph/23 (the official version)
Page: https://openlegislation.uk/proceeds-of-crime-act-2002/schedule-10/paragraph-23
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.