Section 27AB — Limitation Act 1980: Actions to prohibit dealing with property subject to an external request

Actions to prohibit dealing with property subject to an external request 27AB 1 None of the time limits given in the preceding provisions of this Act applies to any proceedings under Part 4A of the Proceeds of Crime Act 2002 (External Requests and Orders) Order 2005 (giving effect to external request by means of civil proceedings).

2 Proceedings under that Part for a prohibition order in respect of relevant property shall not be brought after the expiration of the period of 20 years from the date on which the relevant person’s cause of action accrued.

3 Proceedings under that Part are brought when an application is made for a prohibition order.

4 The relevant person’s cause of action accrues in respect of relevant property when the property is obtained (or when it is believed to have been obtained) as a result of or in connection with criminal conduct.

5 In this section—

a “criminal conduct” is to be construed in accordance with section 447(8) of the Act, b expressions used in this section and Part 4A of the Proceeds of Crime Act 2002 (External Requests and Orders) Order 2005 have the same meaning in this section as in that Part.

6 In this section “relevant person” means—

a the National Crime Agency, b the Director of Public Prosecutions, c . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . d the Director of the Serious Fraud Office.