Subsections (2) and (3) give examples of the satisfaction of the enforcement authority's right to recover the original property.
If—
there is a disposal, other than a part disposal, of the original property, and
other property (the representative property) is obtained in its place,
the enforcement authority's right to recover the original property is satisfied by the making of a recovery order in respect of either the original property or the representative property.
If—
there is a part disposal of the original property, and
other property (the representative property) is obtained in place of the property disposed of,
the enforcement authority's right to recover the original property is satisfied by the making of a recovery order in respect of the remainder of the original property together with either the representative property or the property disposed of.
In this section—
a part disposal means a disposal to which section 314(1) applies,
the original property has the same meaning as in section 278.