Part 7U.K.Money Laundering

Modifications etc. (not altering text)

OffencesU.K.

[F1333D Other permitted disclosures etc U.K.

(1)A person does not commit an offence under section 333A if the disclosure is—

(a) to the authority that is the supervisory authority for that person by virtue of the Money Laundering Regulations 2007 ( S.I. 2007/2157 ); or

(b)for the purpose of—

(i)the detection, investigation or prosecution of a criminal offence (whether in the United Kingdom or elsewhere),

(ii)an investigation under this Act, or

(iii)the enforcement of any order of a court under this Act.

(2)A professional legal adviser or a relevant professional adviser does not commit an offence under section 333A if the disclosure—

(a)is to the adviser’s client, and

(b)is made for the purpose of dissuading the client from engaging in conduct amounting to an offence.

(3)A person does not commit an offence under section 333A(1) if the person does not know or suspect that the disclosure is likely to have the effect mentioned in section 333A(1)(b).

(4)A person does not commit an offence under section 333A(3) if the person does not know or suspect that the disclosure is likely to have the effect mentioned in section 333A(3)(b).]

Textual Amendments