Defined terms — DIRECTIVE (EU) 2024/1260 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 24 April 2024 on asset recovery and confiscation
European Union · 32024L1260 · 406 provisions
9 defined in this instrument, 1 borrowed from other acts.
affected person — a natural or legal person against whom a freezing or confiscation order is issued;
a natural or legal person that owns property that is the object of a freezing or confiscation order;
a third party whose rights in relation to property that is the object of a freezing order or a confiscation order are directly prejudiced by that order; or
a natural or legal person whose property is subject to an interlocutory sale pursuant to Article 21 of this Directive (10)
beneficial owner — borrowed from another act; this instrument states no meaning of its own (9)
confiscation — a final deprivation of property ordered by a court in relation to a criminal offence (6)
criminal organisation — a criminal organisation as defined in Article 1, point (1), of Framework Decision 2008/841/JHA (7)
freezing — the temporary prohibition of the transfer, destruction, conversion, disposal or movement of property or temporarily assuming custody or control of property (5)
instrumentalities — any property used or intended to be used, in any manner, wholly or partially, to commit a criminal offence (3)
proceeds — any economic advantage derived directly or indirectly from a criminal offence consisting of any form of property, and including any subsequent reinvestment or transformation of direct proceeds and any valuable benefits (1)
property — property of any description, whether corporeal or incorporeal, movable or immovable, including crypto-assets, and legal documents or instruments in any form, evidencing title or interest in such property (2)
tracing and identification — any investigation by competent authorities to determine instrumentalities, proceeds or property that might be derived from criminal activities (4)
victim — a victim as defined in Article 2(1), point (a), of Directive 2012/29/EU, or a legal person, as defined in national law, that has suffered harm or economic loss as a direct result of any of the offences within the scope of this Directive (8)