Office of Public Sector Information
Sections 247 and 257
1 Power to seize property to which the order applies.
2 (1) Power to obtain information or to require a person to answer any question.
(2) A requirement imposed in the exercise of the power has effect in spite of any restriction on the disclosure of information (however imposed).
(3) An answer given by a person in pursuance of such a requirement may not be used in evidence against him in criminal proceedings.
(4) Sub-paragraph (3) does not apply—
(a) on a prosecution for an offence under section 5 of the Perjury Act 1911, section 44(2) of the Criminal Law (Consolidation) (Scotland) Act 1995 or Article 10 of the Perjury (Northern Ireland) Order 1979 (false statements), or
(b) on a prosecution for some other offence where, in giving evidence, he makes a statement inconsistent with it.
(5) But an answer may not be used by virtue of sub-paragraph (4)(b) against a person unless—
(a) evidence relating to it is adduced, or
(b) a question relating to it is asked,
by him or on his behalf in the proceedings arising out of the prosecution.
3 (1) Power to—
(a) enter any premises in the United Kingdom to which the interim order applies, and
(b) take any of the following steps.
(2) Those steps are—
(a) to carry out a search for or inspection of anything described in the order,
(b) to make or obtain a copy, photograph or other record of anything so described,
(c) to remove anything which he is required to take possession of in pursuance of the order or which may be required as evidence in the proceedings under Chapter 2 of Part 5.
(3) The order may describe anything generally, whether by reference to a class or otherwise.
4 (1) An order making any provision under paragraph 2 or 3 must make provision in respect of legal professional privilege (in Scotland, legal privilege within the meaning of Chapter 3 of Part 8).
(2) An order making any provision under paragraph 3 may require any person—
(a) to give the interim receiver or administrator access to any premises which he may enter in pursuance of paragraph 3,
(b) to give the interim receiver or administrator any assistance he may require for taking the steps mentioned in that paragraph.
5 (1) Power to manage any property to which the order applies.
(2) Managing property includes—
(a) selling or otherwise disposing of assets comprised in the property which are perishable or which ought to be disposed of before their value diminishes,
(b) where the property comprises assets of a trade or business, carrying on, or arranging for another to carry on, the trade or business,
(c) incurring capital expenditure in respect of the property.
Section 267
1 Power to sell the property or any part of it or interest in it.
2 Power to incur expenditure for the purpose of—
(a) acquiring any part of the property, or any interest in it, which is not vested in him,
(b) discharging any liabilities, or extinguishing any rights, to which the property is subject.
3 (1) Power to manage property.
(2) Managing property includes doing anything mentioned in paragraph 5(2) of Schedule 6.
4 Power to start, carry on or defend any legal proceedings in respect of the property.
5 Power to make any compromise or other arrangement in connection with any claim relating to the property.
6 (1) For the purposes of, or in connection with, the exercise of any of his powers—
(a) power by his official name to do any of the things mentioned in sub-paragraph (2),
(b) power to do any other act which is necessary or expedient.
(2) Those things are—
(a) holding property,
(b) entering into contracts,
(c) suing and being sued,
(d) employing agents,
(e) executing a power of attorney, deed or other instrument.
Proceeds of Crime Act 2002