307. Protection of creditors against forfeiture.

During the six-month period beginning with the making of a forfeiture order1, neither the money to which the order applies nor the money which represents any property to which the order applies may be finally disposed of2.



    (1)     before or after a forfeiture order is made, the commencement of an insolvency3 occurs in qualifying insolvency proceedings4;


    (2)     an insolvency practitioner5 would, but for the forfeiture order, exercise a function in those proceedings in relation to property to which the forfeiture order applies6; and


    (3)     he gives written7 notice to the relevant officer8 of the matters referred to in head