{
  "url": "https://openlegislation.uk/sanctions-and-anti-money-laundering-act-2018/schedule-2/paragraph-24",
  "json_url": "https://openlegislation.uk/sanctions-and-anti-money-laundering-act-2018/schedule-2/paragraph-24.json",
  "legislation": "ukpga/2018/13",
  "legislation_title": "Sanctions and Anti-Money Laundering Act 2018",
  "legislation_url": "https://openlegislation.uk/sanctions-and-anti-money-laundering-act-2018",
  "path": "schedule/2/paragraph/24",
  "kind": "paragraph",
  "number": "24",
  "heading": null,
  "text": "In this Schedule—\n“enforcement partners” means bodies with which supervisory authorities enter into arrangements for the purposes of the enforcement of regulations under section 49;\n“money laundering” has the meaning given by section 49;\n“Money Laundering Regulations 2017” means the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (S.I. 2017/692);\n“oversight body” means a body on which functions are conferred under paragraph 8(1);\n“relevant business” means business of a kind which entails risks relating to money laundering, terrorist financing or other threats to the integrity of the financial system;\n“relevant person” means a person on whom requirements are imposed under paragraph 3;\n“requirements” includes prohibitions;\n“supervisory authority” means the Financial Conduct Authority, the Commissioners for Her Majesty's Revenue and Customs or any other body on which functions are conferred under paragraph 7(1);\n“terrorist financing” has the meaning given by section 49.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "Sch. 2 para. 24 in force at 31.12.2020 by S.I. 2020/1535, reg. 3(d)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2018/13/schedule/2/paragraph/24",
    "retrieved_at": "2026-10-29T09:04:53.826583+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."
}