Section 128Part 2 — The Financial Reporting Authority
Other exemptions
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An order may provide that property is not recoverable or (as the case may be) associated property if —
it is prescribed property, or
it is disposed of in pursuance of a prescribed enactment or an enactment of a prescribed description.
An order may provide that if property is disposed of in pursuance of a prescribed enac tment or an enactment of a prescribed description, it shall be treated for the purposes of section 103 as if it had been disposed of in pursuance of a recovery order.
An order under this section may be made so as to apply to property, or a disposal of property, only in prescribed circumstances; and the circumstances may relate to the property or disposal itself or to a person who holds or has held the property or to any other matter.
In this section, an order means an order made by the Cabinet and prescribed means prescribed by the order.