Page 613 - IOM Law Society Rules Book

c.13 Proceeds of Crime Act 2008 235

(7) In an application for an interim receiving order, the
Attorney General must nominate a suitably qualified person for
appointment as interim receiver.

(8) The extent of the power to make an interim receiving
order is not limited by sections 14 to 21.

14. (1) An interim receiving order may authorise or require Functions
the interim receiver — of interim
receiver
(a) to exercise any of the powers mentioned in Schedule 1; P2002/29/247
& Sch6
(b) to take any other steps the court thinks appropriate,

for the purpose of securing the detention, custody, preservation or
management of the property to which the order applies or of taking
any steps under subsection (2).

(2) An interim receiving order must require the interim
receiver to take any steps which the court thinks necessary to
establish —

(a) whether or not the property to which the order applies
is recoverable property or associated property;

(b) whether or not any other property is recoverable
property (in relation to the same unlawful conduct) and,
if it is, who holds it.

(3) If —

(a) the interim receiver deals with any property which is
not property to which the order applies; and

(b) at the time the property is dealt with the interim receiver
believes on reasonable grounds that the receiver is
entitled to do so in pursuance of the order,

the interim receiver is not liable to any person in respect of any
loss or damage resulting from the receiver dealing with the
property except so far as the loss or damage is caused by the
negligence of the receiver.

Property freezing orders and interim receiving orders:
registered land

15. (1) A person applying for a property freezing order or an Property receiving
interim receiving order must be treated for the purposes of section orders and interim
receiving orders:
61 of the Land Registration Act 1982 (cautions) as a person registered land
interested in relation to any registered land to which —
P2002/29/249
[c.7]