(1)These expressions are to be construed in accordance with these provisions of this Part—
civil recovery investigation: section 341(2) and (3)
confiscation investigation: section 341(1)
[F1detained cash investigation: section 341(3A) ]
money laundering investigation: section 341(4)
(2)In the application of this Part to England and Wales and Northern Ireland, these expressions are to be construed in accordance with these provisions of this Part—
account information: section 370(4)
account monitoring order: section 370(6)
appropriate officer: section 378
customer information: section 364
customer information order: section 363(5)
disclosure order: section 357(4)
document: section 379
order to grant entry: section 347(3)
production order: section 345(4)
[F2relevant authority: section 357(7) to (9)
relevant Director: section 352(5A)]
search and seizure warrant: section 352(4)
senior appropriate officer: section 378.
[F3senior member of SOCA's staff: section 378(8).]
(3)In the application of this Part to Scotland, these expressions are to be construed in accordance with these provisions of this Part—
account information: section 404(5)
account monitoring order: section 404(7)
customer information: section 398
customer information order: section 397(6)
disclosure order: section 391(4)
production order: section 380(5)
proper person: section 412
search warrant: section 387(4).
(4)“Financial institution” means a person carrying on a business in the regulated sector.
(5)But a person who ceases to carry on a business in the regulated sector (whether by virtue of paragraph 5 of Schedule 9 or otherwise) is to continue to be treated as a financial institution for the purposes of any requirement under—
(a)a customer information order, or
(b)an account monitoring order,
to provide information which relates to a time when the person was a financial institution.
(6)References to a business in the regulated sector must be construed in accordance with Schedule 9.
(7)“Recovery order”, “interim receiving order” and “interim administration order” have the same meanings as in Part 5.
[F4(7A)“Unlawful conduct” has the meaning given by section 241.]
(8)References to notice in writing include references to notice given by electronic means.
(9)This section and sections 413 to 415 apply for the purposes of this Part.
Textual Amendments
F1Words in s. 416(1) inserted (6.4.2008) by Serious Crime Act 2007 (c. 27), s. 94(1), Sch. 10 para. 24(2); S.I. 2008/755, art. 17(1)(d)(ii)
F2Words in s. 416(2) inserted (1.4.2008) by Serious Crime Act 2007 (c. 27), s. 94(1), Sch. 8 para. 117(a); S.I. 2008/755, art. 2(1)(a) (with arts. 3-14)
F3Words in s. 416(2) inserted (1.4.2008) by Serious Crime Act 2007 (c. 27), s. 94(1), Sch. 8 para. 117(b); S.I. 2008/755, art. 2(1)(a) (with arts. 3-14)
F4S. 416(7A) inserted (6.4.2008) by Serious Crime Act 2007 (c. 27), s. 94(1), Sch. 10 para. 24(3); S.I. 2008/755, art. 17(1)(d)(ii)
Commencement Information
I1S. 416 in force at 24.2.2003 by S.I. 2003/120, art. 2, Sch. (with arts. 3, 4) (as amended (20.2.2003) by S.I. 2003/333, art. 14)