Textual Amendments
F1Pt. 5 Ch. 3B inserted (27.4.2017 for specified purposes, 30.1.2018 for the insertion of ss. 303Z2(4), 303Z10 for E.W.S. so far as not already in force, 31.1.2018 for E.W.S. in so far as not already in force) by Criminal Finances Act 2017 (c. 22), ss. 16, 58(1)(6); S.I. 2018/78, regs. 2(b), 3(d)
F2Words in Pt. 5 Ch. 3B heading substituted (retrospectively except as it extends to N.I.) by Financial Services Act 2021 (c. 22), s. 33(2)(3), Sch. 12 para. 12 (with s. 33(4))
Modifications etc. (not altering text)
C1Pt. 5 Ch. 3B applied by 2007 c. 30, s. 24(1) (as substituted (27.4.2017 for specified purposes) by Criminal Finances Act 2017 (c. 22), ss. 21(3), 58(1)(6))
Textual Amendments
F3Words in s. 303Z1 cross-heading substituted (retrospectively except as it extends to N.I.) by Financial Services Act 2021 (c. 22), s. 33(2)(3), Sch. 12 para. 13 (with s. 33(4))
(1)“The minimum amount” is £1,000.
(2)The Secretary of State may by regulations amend the amount for the time being specified in subsection (1).
(3)The Secretary of State must consult the Scottish Ministers and the Department of Justice before making regulations under subsection (2).
(4)For the purposes of this Chapter the amount of any money held in an account maintained with a [F4relevant financial institution] in a currency other than sterling must be taken to be its sterling equivalent, calculated in accordance with the prevailing rate of exchange.]
Textual Amendments
F4Words in s. 303Z8(4) substituted (retrospectively except as it extends to N.I.) by Financial Services Act 2021 (c. 22), s. 33(2)(3), Sch. 12 para. 17 (with s. 33(4))