OpenLegislation

Paragraph 36 I1I2I3I4

(1)

Section 316 (general interpretation of Part 5) is amended as follows.

(2)

In subsection (1)—

(a)

in the definition of “associated property”, after “property”” insert “ (in Chapter 2) ”;

(b)

in the definition of “court”, for “Chapter 3” substitute “ Chapters 3, 3A and 3B ”;

(c)

at the appropriate places insert—

““account forfeiture notice” (in Chapter 3B) has the meaning given by section 303Z9(3),”;

““account freezing order” (in Chapter 3B) has the meaning given by section 303Z1(3)(a),”;

““bank” (in Chapter 3B) has the meaning given by section 303Z7,”;

““building society” (in Chapter 3B) has the meaning given by section 303Z1(6),”;

““enforcement officer” (in Chapter 3B) has the meaning given by section 303Z1(6),”;

““listed asset” (in Chapter 3A) has the meaning given by section 303B,”;

““the minimum amount” (in Chapter 3B) has the meaning given by section 303Z8,”;

““the minimum value” (in Chapter 3A) has the meaning given by section 303Y,”;

““relevant court” (in Chapter 3B) has the meaning given by section 303Z1(6),”;

““relevant officer” (in Chapter 3A) has the meaning given by section 303C(9),”;

““senior officer” (in Chapter 3B) has the meaning given by section 303Z2(4),”.

(3)

After subsection (9) insert—

“(10)

References (in Chapter 3B) to an account being operated by or for a person are to be read in accordance with section 303Z1(3)(b).”

Annotations

Commencement

I1

Sch. 5 para. 36 in force at Royal Assent for specified purposes, see s. 58

I2

Sch. 5 para. 36 in force at 31.1.2018 for specified purposes for E.W.S. by S.I. 2018/78, reg. 5(3)(a)(i)

I3

Sch. 5 para. 36 in force at 16.4.2018 for E.W.S. in so far as not already in force by S.I. 2018/78, reg. 5(3)(a)(ii)

I4

Sch. 5 para. 36 in force at 28.6.2021 for N.I. in so far as not already in force by S.I. 2021/724, reg. 4(g)