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Section 306B: Property in respect of which receivership or administration order made

Insolvency Act 1986 · 1986 c. 45View on legislation.gov.uk

Part IX: Bankruptcy — Chapter IV: Administration by Trustee

This section applies where—

property is excluded from the bankrupt's estate by virtue of section 417(2)(c) of the Proceeds of Crime Act 2002 (property in respect of which an order for the appointment of a receiver or administrator under certain provisions of that Act is in force),
a confiscation order is made under section 6, 92 or 156 of that Act,
the amount payable under the confiscation order is fully paid, and
any of the property remains in the hands of the receiver or administrator (as the case may be).

The property vests in the trustee as part of the bankrupt's estate.

About this text

This legislation text comes from legislation.gov.uk. Contains public sector information licensed under the Open Government Licence v3.0. These source and reuse terms cover the legislation text, not Remedy's commentary.

Reuse reviewed 21 August 2026 under Open Government Licence v3.0.