Section 76Part 2 — The Financial Reporting Authority
Realisable property and other property
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For the purposes of this Act , realisable property is any free property he ld by the defendant and any free property held by the recipient of a tainted gift.
Property is all property wherever situated and includes —
money;
all forms of real or personal property;
things in action and other intangible or incorporeal property .
The following rules apply in relation to property —
property is held by a person if that person holds an interest in it;
property is obtained by a person if that person obtains an interest in it;
property is transferred by one person to another if the first one transfers or grants an interest in it to the second;
references to property held by a person include refe rences to property vested in that person in bankruptcy, permanent or interim, or as liquidator;
references t o an interest held by a person beneficially in property include references to an interest which would be held by that person beneficially if the property were not so vested;
references to an interest, in relation to land in the Islands, are to any lega l estate or equitable interest or power; and
references to an interest, in relation to property other than land, include references to a right (including a right to possession). Part 4 - Civil Recovery of the Proceeds, Etc., of Unlawful Conduct INTRODU CTORY