Proceeds of Crime Act 2002
278Destroying or disposing of property
Start here
Get a plain-English read of 278
Turn the raw legal text into a practical explanation grounded in Proceeds of Crime Act 2002.
278 Destroying or disposing of property
(1) The *Official Trustee may destroy the *controlled property if: (a) it is in the public interest to do so; or (b) it is required for the health or safety of the public. (2) The *Official Trustee may dispose of the *controlled property, by sale or other means: (a) with the written agreement of all parties with an *interest in the property; or (b) if the property is likely to lose value in the opinion of the Official Trustee; or (c) if, in the Official Trustee’s opinion, the cost of controlling the property until the Official Trustee finally deals with it is likely to exceed, or represent a significant proportion of, the value of the property when it is finally dealt with; or (d) if, in the opinion of the Official Trustee, the disposal of the property or part of the property is necessary to pay, under Part 4‑2, a *legal aid commission’s costs.