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Key definition
Warrant definition

What does Warrant mean? In practice, a warrant is a tradable right giving the holder, but not the obligation, to buy or sell an underlying asset (typically shares, but also bonds, indices, currencies or commodities) at a fixed exercise price on or before a stated expiry date. It is a securitised derivative: its value derives from the underlying, and it provides price exposure without owning the asset. Key features: - Transferable security; commonly listed and traded on-exchange. - Not a debt instrument: no principal amount, no covenant to repay and no interest. - May be physically settled (subscription for new shares) or cash-settled; American or European...

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POCA 2002 s 352 search and seizure warrants: CrimPR 2025 applications, statutory tests, execution, PACE safeguards and obstruction offences (England and Wales)

Practice notes
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This Practice Note sets out when search and seizure Warrants can be sought and the method for doing so under section 352 of the Proceeds of Crime Act 2002 (POCA 2002). It details the statutory preconditions for securing a search and seizure Warrant, including situations where a production order has failed or is unsuitable, the application route under the Criminal Procedure Rules 2025 (CrimPR 2025), SI 2025/909, and the particulars that must be included in a warrant. It also addresses the effect and execution of search and seizure warrants, how the safeguards in the Police and Criminal Evidence Act 1984 (PACE 1984) and the relevant Codes of Practice apply, and the offences that may arise from obstructing or assaulting officers carrying out a search and seizure warrant issued under POCA 2002, s 352...

Obtaining a warrant under POCA 2002, s 352

A search and seizure warrant empowers an appropriate person to enter and search the specified premises, and to seize and retain any material located there that is reasonably believed to be of substantial value to the investigation for which the application is made...

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Web page updated on 21/05/2026

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