The High Court may at any time vary or discharge an interim freezing order.
The High Court must discharge an interim freezing order, so far as it has effect in relation to any property, in each of the following three cases.
The first case is where—
The second case is where—
The third case is where the court has received a notification in relation to the property concerned under section 362D(4) (notification from enforcement authority of no further proceedings).
The "applicable 48 hour period" is to be read as follows—
In calculating a period of 48 hours for the purposes of subsection (6), no account is to be taken of—
Section 362D(7) applies for the purposes of subsection (6) in determining whether a person complies, or purports to comply, with the requirements imposed by an unexplained wealth order and when such compliance, or purported compliance, takes place.
Before exercising power under this section to vary or discharge an interim freezing order, the court must (as well as giving the parties to the proceedings an opportunity to be heard) give such an opportunity to any person who may be affected by its decision.
Subsection (9) does not apply where the court is acting as required by subsection (2).
In this section—
"relevant application" means an application for—
(a)a restraint order under section 41 or 190,
(b)a property freezing order, or
(c)an interim receiving order;
"response period" has the meaning given by section 362C(4).