Clause 118 - Time for payment

Part of Proceeds of Crime Bill – in a Public Bill Committee at 3:00 pm on 6 December 2001.

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Photo of Bob Ainsworth Bob Ainsworth The Parliamentary Under-Secretary of State for the Home Department 3:00, 6 December 2001

Amendment No. 213 clarifies the time limits when the accused seeks to extend the time given for the payment of a confiscation order. Subsection (4) enables the court to make an order to extend the time for payment beyond the specified period of six months up to a maximum of 12 months. That is known as the extended period. The amendment provides that the court can make an order extending the period after the end of the six-month specified period, but not after 12 months from the date of the confiscation order. That is to ensure that the maximum time for payment is never greater than 12 months. The amendment brings clause 118 into line with clause 12.

Amendment No. 214 temporarily suspends the application of interest to the outstanding compensation orders when an accused has made an application to the court under clause 118 for time for payment but the court has yet to determine the application.