When frozen property is confiscated automatically
7 When frozen property is confiscated automatically
Frozen property is confiscated if an objection to the confiscation of the property is not filed on or before the 28th day after the service cut off date for the property.
If an objection to the confiscation of frozen property is filed on or before the 28th day after the service cut off date for the property, the property is confiscated if —
the objection, or each objection if there are more than one, is finally determined; and
where the property is subject to a freezing notice — the freezing notice is not cancelled or set aside; and
where the property is subject to a freezing order — the freezing order is not set aside.
However, property frozen under a freezing notice is not confiscated under subsection (1) or (2) until the freezing notice is filed in accordance with section 36(6)(a).
The statute text is free to read above. View Pro plans to unlock the case-law research tools for each provision.