Proceedings for a recovery order may not be taken in respect of cash found at any place in the United Kingdom unless the proceedings are also taken in respect of property other than cash which is property of the same person.
Proceedings for a recovery order may not be taken against the Financial Conduct Authority or the Prudential Regulation Authority in respect of any recoverable property held by it.
Proceedings for a recovery order may not be taken in respect of any property which is subject to any of the following charges—
a collateral security charge, within the meaning of the Financial Markets and Insolvency (Settlement Finality) Regulations 1999 (S.I. 1999/2979),
a market charge, within the meaning of Part 7 of the Companies Act 1989 (c. 40),
a money market charge, within the meaning of the Financial Markets and Insolvency (Money Market) Regulations 1995 (S.I. 1995/2049),
a system charge, within the meaning of the Financial Markets and Insolvency Regulations 1996 (S.I. 1996/1469) or the Financial Markets and Insolvency Regulations (Northern Ireland) 1996 (S.R. 1996/252).