{
  "url": "https://openlegislation.uk/sanctions-and-anti-money-laundering-act-2018/section-49",
  "json_url": "https://openlegislation.uk/sanctions-and-anti-money-laundering-act-2018/section-49.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": "section/49",
  "kind": "section",
  "number": "49",
  "heading": "Money laundering and terrorist financing etc",
  "text": "(1) An appropriate Minister may by regulations make provision for one or more of the following purposes—\n(a) enabling or facilitating the detection or investigation of money laundering, or preventing money laundering;\n(b) enabling or facilitating the detection or investigation of terrorist financing, or preventing terrorist financing;\n(c) the implementation of Standards published by the Financial Action Task Force from time to time relating to combating threats to the integrity of the international financial system.\n(2) Schedule 2 makes further provision about regulations under this section.\n(3) In this Part—\n“money laundering” has the meaning given by section 340(11) of the Proceeds of Crime Act 2002;\n“terrorist financing” means an act which constitutes an offence under—\n(a)section 15 (fund-raising), 16 (use and possession), 17 (funding arrangements), 18 (money laundering) or 63 (terrorist finance: jurisdiction) of the Terrorism Act 2000,\n(b)paragraph 7(2) or (3) of Schedule 3 (freezing orders: offences) to the Anti-terrorism, Crime and Security Act 2001,\n(ba) any of regulations 8 to 13 of the ISIL (Da'esh) and Al-Qaida (United Nations Sanctions) (EU Exit) Regulations 2019 (S.I. 2019/466),\n(c) any of regulations 11 to 16 of the Counter-Terrorism (International Sanctions) (EU Exit) Regulations 2019 (S.I. 2019/573), or\n(ca) any of regulations 11 to 16 of the Counter-Terrorism (Sanctions) (EU Exit) Regulations 2019 (S.I. 2019/577).\n(d)...",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Words in s. 49(3) inserted (31.12.2020 immediately after IP completion day) by S.I. 2019/466, reg. 58B(2) (as inserted by The Sanctions (EU Exit) (Consequential Provisions) (Amendment) Regulations 2020 (S.I. 2020/1289), regs. 1(2), 2(2); S.I. 2020/1514, reg. 21)"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Words in s. 49(3) substituted (31.12.2020 immediately after IP completion day) by S.I. 2019/573, reg. 60B(2) (as inserted by The Sanctions (EU Exit) (Consequential Provisions) (Amendment) Regulations 2020 (S.I. 2020/1289), regs. 1(2), 3(2); S.I. 2020/1514, reg. 21)"
    },
    {
      "type": "F",
      "label": "F3",
      "text": "Words in s. 49(3) inserted (31.12.2020 immediately after IP completion day) by S.I. 2019/577, reg. 34B(2) (as inserted by The Sanctions (EU Exit) (Consequential Provisions) (Amendment) Regulations 2020 (S.I. 2020/1289), regs. 1(2), 4(2); S.I. 2020/1514, reg. 21)"
    },
    {
      "type": "F",
      "label": "F4",
      "text": "Words in s. 49(3) repealed (31.12.2020) by Sanctions and Anti-Money Laundering Act 2018 (c. 13), s. 64(2), Sch. 3 para. 9 (with ss. 52(3), 53, 58); S.I. 2020/1535, reg. 3(e)"
    },
    {
      "type": "I",
      "label": "I1",
      "text": "S. 49 in force at 31.12.2020 by S.I. 2020/1535, reg. 3(a)"
    }
  ],
  "outstanding_effects": [
    {
      "type": "modified",
      "affecting": "ukpga/2023/29",
      "affecting_title": "Financial Services and Markets Act 2023"
    }
  ],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2018/13/section/49",
    "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."
}