Part 2Investigations, prosecutions, proceedings and proceeds of crime

Chapter 6Proceeds of crime

I1107Money laundering offences

1

The Proceeds of Crime Act 2002 (c. 29) is amended as follows.

2

In section 364 (meaning of customer information) in subsection (5)—

a

after paragraph (a) insert—

aa

constitutes an offence specified in section 415(1A) of this Act,

b

in paragraph (b) after “paragraph (a)” insert “ or (aa) ”.

3

In section 398 (meaning of customer information: Scotland) in subsection (5)—

a

after paragraph (a) insert—

aa

constitutes an offence specified in section 415(1A) of this Act,

b

in paragraph (b) after “paragraph (a)” insert “ or (aa) ”.

4

In section 415 (money laundering offences) after subsection (1) insert—

1A

Each of the following is a money laundering offence—

a

an offence under section 93A, 93B or 93C of the Criminal Justice Act 1988;

b

an offence under section 49, 50 or 51 of the Drug Trafficking Act 1994;

c

an offence under section 37 or 38 of the Criminal Law (Consolidation) (Scotland) Act 1995;

d

an offence under article 45, 46 or 47 of the Proceeds of Crime (Northern Ireland) Order 1996.