Part 2Investigations, prosecutions, proceedings and proceeds of crime
Chapter 3Financial reporting orders
I1I2C179Financial reporting orders: effect
1
A person in relation to whom a financial reporting order has effect must do the following.
2
He must make a report, in respect of—
a
the period of a specified length beginning with the date on which the order comes into force, and
b
subsequent periods of specified lengths, each period beginning immediately after the end of the previous one.
3
He must set out in each report, in the specified manner, such particulars of his financial affairs relating to the period in question as may be specified.
4
He must include any specified documents with each report.
5
He must make each report within the specified number of days after the end of the period in question.
6
He must make each report to the specified person.
7
Rules of court may provide for the maximum length of the periods which may be specified under subsection (2).
8
In this section, “specified” means specified by the court in the order.
9
In Scotland the specified person must be selected by the court from a list set out in an order made for the purposes of this section by the Scottish Ministers.
10
A person who without reasonable excuse includes false or misleading information in a report, or otherwise fails to comply with any requirement of this section, is guilty of an offence and is liable on summary conviction to—
a
imprisonment for a term not exceeding—
i
in England and Wales, 51 weeks,
ii
in Scotland, 12 months,
iii
in Northern Ireland, 6 months, or
b
a fine not exceeding level 5 on the standard scale,
or to both.