Criminal Finances Act 2017

Proceeds of Crime Act 2002 (c. 29)

76 (1) Section 416 (Part 8: other interpretative provisions) is amended as follows.

(2) In subsection (1), after the entry for “detained cash investigation” insert—

• “detained property investigation: section 341(3B)

• frozen funds investigation: section 341(3C)”.

(3) In subsection (2), at the appropriate places in the list insert—

• “enforcement authority: section 362A(7)”;

• “interim freezing order: section 362J(3)”;

• “unexplained wealth order: section 362A(3)”.

(4) In subsection (3), at the appropriate places in the list insert—

• “interim freezing order: section 396J(3)”;

• “unexplained wealth order: section 396A(3)”.

(5) After subsection (3A) insert—

“(3B) In relation to an order in England and Wales or Northern Ireland that is an interim freezing order or an unexplained wealth order, references to the enforcement authority are to the enforcement authority that is seeking, or (as the case may be) has obtained, the order.”

(6) In subsection (7), after “Recovery order,” insert “property freezing order”.

(7) After subsection (7) insert—

“(7ZA) “Settlement” has the meaning given by section 620 of the Income Tax (Trading and Other Income) Act 2005.”