Economic Crime and Corporate Transparency Act 2023

Amendments to the Proceeds of Crime Act 2002 U.K.

4 (1) Part 3 of the Proceeds of Crime Act 2002 (confiscation: Scotland) is amended as follows.

(2) In section 93 (recoverable amount)—

(a) in subsection (4)(c), for “or 303Z14(4)” substitute “, 303Z14(4), 303Z41(4), 303Z45(3) or 303Z60(4)”;

(b) in subsection (4)(d), after “303Q(1)” insert “or 303Z44(1)”.

(3) In section 148 (free property)—

(a) in subsection (2)—

(i) in paragraph (ea), for “or 10Z2(3)” substitute “, 10Z2(3), 10Z7AG(1), 10Z7BB(2), 10Z7CA(3), 10Z7CE(3) or 10Z7DG(3)”;

(ii) in paragraph (f), for “or 303Z14(4)” substitute “, 303Z14(4), 303Z32(1), 303Z37(2), 303Z41(4), 303Z45(3) or 303Z60(4)”;

(b) in subsection (3)—

(i) after paragraph (b) insert—

“(ba) it is detained under section 303Z30, 303Z31 or 303Z32 in a case where section 303Z42(2) applies;

(bb) it is detained under section 303Z57 or 303Z58 in a case where section 303Z60(6) applies;”;

(ii) in paragraph (c), after “303Q(1)” insert “or 303Z44(1)”;

(iii) after paragraph (e) insert—

“(ea) it is detained under paragraph 10Z7AE, 10Z7AF or 10Z7AG of that Schedule in a case where paragraph 10Z7CB(2) of that Schedule applies;

(eb) it is detained under paragraph 10Z7DD or 10Z7DE of that Schedule in a case where paragraph 10Z7DG(5) of that Schedule applies;”;

(iv) in paragraph (f), after “10I(1)” insert “or 10Z7CD(1)”.

Commencement Information

I1 Sch. 9 para. 4 in force at Royal Assent for specified purposes, see s. 219(1)(2)(b)

I2 Sch. 9 para. 4 in force at 26.4.2024 For E.W.N.I. in so far as not already in force by S.I. 2024/269, reg. 4(b)(ii)

I3 Sch. 9 para. 4 in force at 26.4.2024 for specified purposes for S. by S.I. 2024/269, reg. 4(b)(i)

I4 Sch. 9 para. 4 in force at 7.11.2024 for S. in so far as not already in force by S.I. 2024/1108, reg. 2