ESTABLISHMENT OF MAXIMUM AMOUNT WHICH MAY BE RELEASED TO PERSONS WHO ARE SUBJECT TO ATTACHMENT ORDERS OR TO
Statutory Text (1 Articles)
ESTABLISHMENT OF MAXIMUM AMOUNT WHICH MAY
BE RELEASED TO PERSONS WHO ARE SUBJECT TO
ATTACHMENT ORDERS OR TO SEIZING AND FREEZING
ORDERS UNDER THE PROCEEDS OF CRIME ACT
SUBSIDIARY LEGISLATION 621.01
ESTABLISHMENT OF MAXIMUM AMOUNT WHICH
MAY BE RELEASED TO PERSONS WHO ARE
SUBJECT TO ATTACHMENT ORDERS OR TO
SEIZING AND FREEZING ORDERS UNDER THE
PROCEEDS OF CRIME ACT ORDER
9th February, 2024
LEGAL NOTICE 31 of 2024.
FOR THE PURPOSES of articles 2, 35, 36 and 57 of the
Proceeds of Crime Act the Minister for Justice and the Reform of the
Construction Sector has established the amount of twenty-one
thousand nine hundred and forty-five euro (€21,945) annually as the
maximum amount which may be released to a physical person who is
subject to an Attachment Order or to a Seizing and Freezing Order
under the Proceeds of Crime Act in order to allow such person and that
person’s family a decent living.
It is also being hereby explained for all intents and purposes that
the amount established is the amount communicated to the Minister for
Justice and Reform of the Construction Sector by the National
Statistics Office as the indicative amount currently available which
results from the Labour Force Survey as the amount equivalent to the
average basic salary received by employed persons, other than self-
employed persons, from their principal occupation before deducting
social security contributions and tax during the year 2023. This
amount also excludes overtime payments, allowances and bonuses.