{
  "url": "https://openlegislation.uk/economic-crime-and-corporate-transparency-act-2023/section-193",
  "json_url": "https://openlegislation.uk/economic-crime-and-corporate-transparency-act-2023/section-193.json",
  "legislation": "ukpga/2023/56",
  "legislation_title": "Economic Crime and Corporate Transparency Act 2023",
  "legislation_url": "https://openlegislation.uk/economic-crime-and-corporate-transparency-act-2023",
  "path": "section/193",
  "kind": "section",
  "number": "193",
  "heading": "Other defined terms in sections 188 to 191",
  "text": "(1) In sections 188 to 191—\n“cryptoasset exchange provider” has the meaning given by paragraph 1(12)(a) of Schedule 9 to the Proceeds of Crime Act 2002;\n“custodial wallet provider” has the meaning given by paragraph 1(12)(b) of Schedule 9 to the Proceeds of Crime Act 2002;\n“customer due diligence measures” has the meaning given by regulation 3(1) of the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (S.I. 2017/692);\n“the data protection legislation” has the same meaning as in the Data Protection Act 2018 (see section 3 of that Act);\n“deposit-taking body” means—\n(a)a business which engages in the activity of accepting deposits, or\n(b)the National Savings Bank;\n“economic crime” means an act which—\n(a)constitutes an offence listed in Schedule 11 (“a listed offence”),\n(b)constitutes an attempt or conspiracy to commit a listed offence,\n(c)constitutes an offence—\n(i)under Part 2 of the Serious Crime Act 2007 (England and Wales and Northern Ireland: encouraging or assisting crime) in relation to a listed offence, or\n(ii)under the law of Scotland of inciting the commission of a listed offence,\n(d)constitutes aiding, abetting, counselling or procuring the commission of a listed offence, or\n(e)would constitute a listed offence or an offence specified in paragraph (b), (c) or (d) if done in the United Kingdom;\n“electronic money institution” has the same meaning as in the Electronic Money Regulations 2011 (S.I. 2011/99) (see regulation 2 of those Regulations);\n“enactment” includes—\n(a)an enactment contained in subordinate legislation (as defined in section 21 of the Interpretation Act 1978);\n(b)an enactment contained in, or in an instrument made under, a Measure or Act of Senedd Cymru;\n(c)an enactment contained in, or in an instrument made under, an Act of the Scottish Parliament;\n(d)an enactment contained in, or in an instrument made under, Northern Ireland legislation;\n(e)any retained direct EU legislation;\n“financial year” means a period of 12 months ending with 31 March;\n“payment institution” means an authorised payment institution or small payment institution (each as defined in regulation 2 of the Payment Services Regulations 2017 (S.I. 2017/752));\n“personal data” and “processing” have the same meaning as in the Data Protection Act 2018 (see section 3 of that Act);\n“regulated sector”: see subsection (2);\n“the UK GDPR” has the same meaning as in the Data Protection Act 2018 (see section 3 of that Act).\n(2) Part 1 of Schedule 9 to the Proceeds of Crime Act 2002 has effect for the purpose of determining what is a business in the regulated sector.\n(3) The Secretary of State may, by regulations, add an offence to or remove an offence from the list in Schedule 11.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "S. 193 in force at Royal Assent for specified purposes, see s. 219(1)(2)(b)"
    },
    {
      "type": "I",
      "label": "I2",
      "text": "S. 193 in force at 15.1.2024 in so far as not already in force by S.I. 2023/1206, reg. 3(h)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2023/56/section/193",
    "retrieved_at": "2026-10-29T08:49:37.581581+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."
}