Regulation 109 Amendment of the Criminal Finances Act 2017

(1)

The Criminal Finances Act 2017^f1 is amended as follows.

(2)

In section 1^f2 (unexplained wealth orders: England and Wales and Northern Ireland), in the text to be inserted as section 362B(7)(a) of the Proceeds of Crime Act 2002, for “the United Kingdom or another EEA State,” substitute—

“—

(i)
the United Kingdom, or

(ii)
an EEA state,”.

(3)

In section 16^f3 (forfeiture of money held in bank and building society accounts), in the text to be inserted as section 303Z7 of the Proceeds of Crime Act 2002—

(a)

in subsection (2), omit paragraph (c);

(b)

in subsection (3), omit “or firm” in both places those words occur.

(4)

In section 27 (seized money: Northern Ireland)—

(a)

in the text to be inserted as subsection (9) of section 215 of the Proceeds of Crime Act 2002, omit paragraph (c);

(b)

in the text to be inserted as subsection (10) of that section, omit “or firm” in both places those words occur.

Annotations

Footnotes

f1: 2017 c. 22.
f2: Section 1 extends to England and Wales and Northern Ireland and was commenced in England and Wales only by S.I. 2018/78.
f3: Section 16 extends to the United Kingdom and was commenced in England and Wales and Scotland by S.I. 2018/78.