Explanatory note

(This note is not part of the Order)

This Order brings into force, on 30th December 2002, the following provisions of the Proceeds of Crime Act 2002 (“the Act”):

(a)

sections 89 and 90, which enable the making of an order as to appeals under Part 2 of the Act;

(b)

chapters 1, 3 and 5 of Part 5 (except for sections 312 and 313), which create a new scheme for the search for, and seizure, detention and forfeiture of, cash derived from, or intended for use in, unlawful conduct;

(c)

certain minor and consequential amendments in Schedule 11, together with entries in the repeals Schedule, Schedule 12; and

(d)

other provisions which it is necessary to bring into force in order to give full effect to the provisions listed above.

Article 3 makes savings in relation to the existing scheme for seizure of cash relating to drug trafficking.