Schedule 10, Part 1, Part 4BC, paragraph 10Z7CD

Where— the magistrates’ court or sheriff may, instead of making an order under paragraph 10Z7CA(3), make an order requiring the person who holds the associated property or who is the excepted joint owner to make a payment to a person identified in the order. this paragraph applies, and the person who applied for the order under paragraph 10Z7CA (on the one hand) and the person who holds the associated property or who is the excepted joint owner (on the other hand) agree, The amount of the payment is (subject to sub-paragraph (3)) to be the amount which the persons referred to in sub-paragraph (1)(b) agree represents— in a case where this paragraph applies by virtue of paragraph 10Z7CC(1), the value of the forfeitable property; in a case where this paragraph applies by virtue of paragraph 10Z7CC(2), the value of the forfeitable property less the value of the excepted joint owner’s share. The amount of the payment may be reduced if the person who applied for the order under paragraph 10Z7CA agrees that the other party to the agreement has suffered loss as a result of— the seizure of the forfeitable property under paragraph 10Z7AD and its subsequent detention, or the making of a crypto wallet freezing order under paragraph 10Z7BB. The reduction that is permissible by virtue of sub-paragraph (3) is such amount as the parties to the agreement agree is reasonable, having regard to the loss suffered and any other relevant circumstances. An order under sub-paragraph (1) may, so far as required for giving effect to the agreement, include provision for vesting, creating or extinguishing any interest in property. An order under sub-paragraph (1) made by a magistrates’ court may provide for payment under sub-paragraph (11) of reasonable legal expenses that a person has reasonably incurred, or may reasonably incur, in respect of— the proceedings in which the order is made, or any related proceedings under this Part. A sum in respect of a relevant item of expenditure is not payable under sub-paragraph (11) in pursuance of provision under sub-paragraph (6) unless— the person who applied for the order under paragraph 10Z7CA agrees to its payment, or the court has assessed the amount allowed in respect of that item and the sum is paid in respect of the assessed amount. For the purposes of sub-paragraph (7)— a “relevant item of expenditure” is an item of expenditure to which regulations under section 286B of the Proceeds of Crime Act 2002 would apply if the order under sub-paragraph (1) had instead been a recovery order made under section 266 of that Act; an amount is “allowed” in respect of a relevant item of expenditure if it would have been allowed by those regulations. If there is more than one item of associated property or more than one excepted joint owner, the total amount to be paid under sub-paragraph (1), and the part of that amount which is to be provided by each person who holds any such associated property or who is an excepted joint owner, is to be agreed between both (or all) of them and the person who applied for the order under paragraph 10Z7CA. If the person who applied for the order under paragraph 10Z7CA was an authorised officer, that person may enter into an agreement for the purposes of any provision of this paragraph only if the person is a senior officer or is authorised to do so by a senior officer. An amount received under an order under sub-paragraph (1) must be applied as follows— first, it must be applied in making any payment of legal expenses which, after giving effect to sub-paragraph (7), are payable under this sub-paragraph in pursuance of provision under sub-paragraph (6); second, it must be applied in payment or reimbursement of any reasonable costs incurred in storing or insuring the forfeitable property and any associated property whilst detained under this Schedule; third, it must be paid— if the order was made by a magistrates’ court, into the Consolidated Fund; if the order was made by the sheriff, into the Scottish Consolidated Fund.

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