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Section 303J: Seizure of listed assets

Proceeds of Crime Act 2002 · 2002 c. 29View on legislation.gov.uk

Part 5: Civil recovery of the proceeds etc. of unlawful conduct — CHAPTER 3A: Recovery of listed assets in summary proceedings

A relevant officer may seize any item of property if the relevant officer has reasonable grounds for suspecting that—

it is a listed asset,
it is recoverable property or intended by any person for use in unlawful conduct, and
the value of it is not less than the minimum value.

A relevant officer may also seize any item of property if—

the relevant officer has reasonable grounds for suspecting the item to be a listed asset,
the relevant officer has reasonable grounds for suspecting that part of the item is recoverable property or intended by any person for use in unlawful conduct,
the relevant officer has reasonable grounds for suspecting that the value of the part to which the suspicion relates is not less than the minimum value, and
it is not reasonably practicable to seize only that part.

Where the powers conferred by this section are being exercised by a relevant officer in respect of more than one item of property, this section is to apply as if the value of each item was equal to the aggregate value of all of those items.

The references in subsection (3) to the value of an item are to be read as including references to the value of part of an item where the power conferred by subsection (2) is being exercised (whether alone or in conjunction with the power conferred by subsection (1)).

This section does not authorise the seizure by an SFO officer or an accredited financial investigator of an item of property found in Scotland.

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.