Section 147(2)

The property found under this subsection is— if the recipient holds the property given, that property; if the recipient holds no part of the property given, any property which directly or indirectly represents it in his hands; if the recipient holds part of the property given, that part and any property which directly or indirectly represents the other part in his hands.

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Source: legislation.gov.uk · retrieved 2026-09-04