55 Sums received by [designated officer]
Proceeds of Crime Act 2002 (2002 c 29) | Legislation

55  Sums received by [designated officer]

(1)     This section applies if a [designated officer] receives sums on account of the amount payable under a confiscation order (whether the sums are received under section 54 or otherwise).

(2)     The [designated officer's] receipt of the sums reduces the amount payable under the order, but he must apply the sums received as follows.

(3)     First he must apply them in payment of such expenses incurred by a person acting as an insolvency practitioner as—

(a)     are payable under this subsection by virtue of section 432, but

(b)     are not already paid under section 54(2)(a) [or 67D(2)(a)].

(4)     If the [designated officer] received the sums under section 54 [or 67D] he must next apply them—

(a)     first, in payment

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