# Proceeds of Crime Act 2002, Section 314: Obtaining and disposing of property


(1) References to a person disposing of his property include a reference—
(a) to his disposing of a part of it, or
(b) to his granting an interest in it,
(or to both); and references to the property disposed of are to any property obtained on the disposal.
(2) A person who makes a payment to another is to be treated as making a disposal of his property to the other, whatever form the payment takes.
(3) Where a person’s property passes to another under a will or intestacy or by operation of law, it is to be treated as disposed of by him to the other.
(4) A person is only to be treated as having obtained his property for value in a case where he gave unexecuted consideration if the consideration has become executed consideration.

---
Source: https://www.legislation.gov.uk/ukpga/2002/29/section/314 (the official version)
Page: https://openlegislation.uk/proceeds-of-crime-act-2002/section-314
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.