Date-stamp loading
Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 27 April 2017 - onwards
  Version 3 of 3    

414. Property

(1) Property is all property wherever situated and includes -

(a) money;

(b) all forms of property, real or personal, heritable or moveable;

(c) things in action and other intangible or incorporeal property.

(2) "Recoverable property" and "associated property" have the same meanings as in Part 5.

(3) The following rules apply in relation to property -

(za) property is held by a person if he holds an interest in it;

(a) property is obtained by a person if he obtains an interest in it;

(b) references to an interest, in relation to land in England and Wales or Northern Ireland, are to any legal estate or equitable interest or power;

(c) references to an interest, in relation to land in Scotland, are to any estate, interest, servitude or other heritable right in or over land, including a heritable security;

(d) references to an interest, in relation to property other than land, include references to a right (including a right to possession).

Comparing proposed amendment...