Paragraph 15 Counter-Terrorism Act 2008

(1)

Schedule 7 to the Counter-Terrorism Act 2008 (terrorist financing and money laundering) M1 is amended as follows.

(2)

In Part 5 (enforcement: information powers)—

(a)

in paragraph 18—

(i)

at the end of paragraph (b) of sub-paragraph (1) omit “or”;

(ii)

omit paragraph (c) of sub-paragraph (1);

(iii)

in sub-paragraph (2), omit paragraph (c);

(b)

in paragraphs 18(3)(b), 23(1)(b) and 24 for “OFT” in each place substitute “ FCA ”.

(3)

In Part 6 (enforcement: civil penalties), in paragraphs 27(1) and 28(1) in each place omit “or the OFT”.

(4)

In Part 7 (enforcement: offences), in paragraph 33—

(a)

omit paragraph (c) of sub-paragraph (1);

(b)

omit paragraph (c) of sub-paragraph (2).

(5)

In Part 8 (supplementary and general)—

(a)

in paragraph 39(2)—

(i)

in paragraph (a)(ii) omit “and consumer credit financial institutions”;

(ii)

omit paragraph (b);

(b)

in paragraph 45(1), omit the definition of “consumer credit financial institution”;

(c)

in paragraph 46, omit the entry for “consumer credit financial institution”.

Annotations

M1: 2008 c.28. Amended by the Financial Services Act 2012, Schedule 18, paragraph 127. There are other amending instruments but none is relevant to this Order.