SCHEDULES

SCHEDULE 8Abolition of Assets Recovery Agency and its Director

Part 3Transfer or abolition of Revenue functions

I197

1

Section 321 (Director's functions: transfers of value) is amended as follows.

2

In the heading for “Director's” substitute SOCA's ”.

3

In subsection (1)—

a

for “the Director” substitute SOCA; and

b

in paragraph (b) for “it” substitute “ the transfer of value ”.

4

In subsection (2) for “the Director”, in both places where it appears, substitute SOCA.

5

In subsection (3) for “the Director” substitute SOCA.

6

In subsection (4) for “The Director” substitute SOCA.

7

In subsection (5) for “the Director” substitute SOCA.

8

In subsection (6) for “the Director” substitute SOCA.