{
  "url": "https://openlegislation.uk/draft-proceeds-of-crime-money-laundering-threshold-amount-order-2022/note",
  "json_url": "https://openlegislation.uk/draft-proceeds-of-crime-money-laundering-threshold-amount-order-2022/note.json",
  "legislation": "ukdsi/2022/9780348239874",
  "legislation_title": "The Proceeds of Crime (Money Laundering) (Threshold Amount) Order 2022",
  "legislation_url": "https://openlegislation.uk/draft-proceeds-of-crime-money-laundering-threshold-amount-order-2022",
  "path": "note",
  "kind": "note",
  "number": null,
  "heading": "Explanatory note",
  "text": "(This note is not part of the Order)\nThis Order increases from £250 to £1,000 the threshold amount specified in section 339A of the Proceeds of Crime Act 2002 (c. 29) (“POCA”). The threshold amount is the value of criminal property below which a bank or similar firm (a deposit-taking body, electronic money or payment institution) can carry out a transaction, in operating an account for a customer, without committing one of the main money laundering offences in sections 327 to 329 of POCA.\nA full impact assessment of the effect this instrument will have on the costs of business, the voluntary sector and the public sector was prepared in connection with the Economic Crime and Corporate Transparency Bill 2022 and copies are available from the Home Office at 2 Marsham Street, London SW1P 4DF.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukdsi/2022/9780348239874/note",
    "retrieved_at": "2026-10-30T14:44:41.047508+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}