Source: http://www.legislation.gov.uk/uksi/2003/120/note/made
Timestamp: 2016-10-01 00:18:59
Document Index: 41991556

Matched Legal Cases: ['art 5', 'art 6', 'art 7', 'art 8', 'art 10', 'art 11']

Skip to main contentSkip to navigationlegislation.gov.ukThe National ArchivesHelpSite MapAccessibilityContact UsCymraegHomeAbout UsBrowse LegislationNew LegislationChanges To LegislationSearch LegislationSearch LegislationTitle: (or keywords in the title)Year:Number:Type:All Legislation (excluding draft)All Primary Legislation UK Public General Acts UK Local Acts Acts of the Scottish Parliament Acts of the National Assembly for Wales Measures of the National Assembly for Wales Church Measures Acts of the Northern Ireland Assembly Acts of the Old Scottish Parliament Acts of the English Parliament Acts of the Old Irish Parliament Acts of the Parliament of Great Britain Northern Ireland Orders in Council Measures of the Northern Ireland Assembly Acts of the Northern Ireland ParliamentAll Secondary Legislation UK Statutory Instruments Wales Statutory Instruments Scottish Statutory Instruments Northern Ireland Statutory Rules Church Instruments UK Ministerial Orders UK Statutory Rules and OrdersAll Draft Legislation UK Draft Statutory Instruments Scottish Draft Statutory Instruments Northern Ireland Draft Statutory RulesAll Impact Assessments UK Impact AssessmentsSearchAdvanced SearchThe Proceeds of Crime Act 2002 (Commencement No. 4, Transitional Provisions and Savings) Order 2003You are here:2003 No. 120 (C. 6)Explanatory NoteTable of ContentsContentMore ResourcesPrevious: ScheduleNext: Earlier OrdersPlain ViewPrint OptionsWhat VersionLatest available (Revised)Original (As made)Opening OptionsOpen whole InstrumentOpen Instrument without schedulesOpen Schedules onlyMore ResourcesOriginal Print PDFView moreStatus:This is the original version (as it was originally made). This item of legislation is currently only available in its original format.Explanatory Note(This note is not part of the Order)
This Order brings into force, on 24th February 2003, the following provisions of the Proceeds of Crime Act (“the Act”):
(a)Chapter 2 of Part 5, which creates a new scheme for the civil recovery of the proceeds of unlawful conduct in the High Court or the Court of Session;
(b)Part 6, which gives the Director of the Assets Recovery Agency certain revenue functions;
(c)Part 7, which creates new money laundering offences;
(d)Part 8, which creates new powers of investigation;
(e)Part 10, which provides for the disclosure of information to and by the Director of the Assets Recovery Agency;
(f)section 446, which permits rules of court to be made in relation to an order in council under Part 11;
(g)section 448 and Schedule 10, which make provision about tax, mainly in relation to the new power of civil recovery;
(h)sections 449 and 450, which allow staff of the Assets Recovery Agency and persons named by Scottish Ministers to use pseudonyms;
(i)section 451, which enables the Commissioners of Customs and Excise to start proceedings for the money laundering offences and the offence of prejudicing an investigation;
(j)section 452, which gives the Secretary of State power to make regulations applying the money laundering offences and the offence of prejudicing an investigation to Crown servants;
(k)section 453, which gives the Secretary of State power to make an order about financial investigators;
(l)certain minor and consequential amendments in Schedule 11, together with entries in the repeals Schedule, Schedule 12;
(m)other provisions which it is necessary to bring into force in order to give full effect to the provisions listed above.