Anti-terrorism, Crime and Security Act 2001

This section has no associated Explanatory Notes

[F110A(1)In this Part of this Schedule, a “listed asset” means an item of property that falls within one of the following descriptions of property—U.K.

(a)precious metals;

(b)precious stones;

(c)watches;

(d)artistic works;

(e)face-value vouchers;

(f)postage stamps.

(2)The Secretary of State may by regulations made by statutory instrument amend sub-paragraph (1)—

(a)by removing a description of property;

(b)by adding a description of tangible personal (or corporeal moveable) property.

(3)A statutory instrument containing regulations under sub-paragraph (2) may not be made unless a draft of the instrument has been laid before and approved by a resolution of each House of Parliament.

(4)In this paragraph—

(a)precious metal” means gold, silver or platinum (whether in an unmanufactured or a manufactured state);

(b)artistic work” means a piece of work falling within section 4(1)(a) of the Copyright, Designs and Patents Act 1988;

(c)face-value voucher” means a voucher in physical form that represents a right to receive goods or services to the value of an amount stated on it.]

Textual Amendments

F1Sch. 1 Pt. 4A inserted (27.4.2017 for specified purposes, 30.1.2018 for the insertion of Sch. 1 para. 10G(9), 31.1.2018 in so far as not already in force) by Criminal Finances Act 2017 (c. 22), s. 58(1)(6), Sch. 3 para. 2; S.I. 2018/78, regs. 2(h), 3(cc)