http://www.legislation.gov.uk/ukpga/2002/29/section/2/2002-07-24Proceeds of Crime Act 2002An Act to establish the Assets Recovery Agency and make provision about the appointment of its Director and his functions (including Revenue functions), to provide for confiscation orders in relation to persons who benefit from criminal conduct and for restraint orders to prohibit dealing with property, to allow the recovery of property which is or represents property obtained through unlawful conduct or which is intended to be used in unlawful conduct, to make provision about money laundering, to make provision about investigations relating to benefit from criminal conduct or to property which is or represents property obtained through unlawful conduct or to money laundering, to make provision to give effect to overseas requests and orders made where property is found or believed to be obtained through criminal conduct, and for connected purposes.2002-08-12texttext/xmlenStatute Law Database2026-07-062002-07-24 Part 1 Assets Recovery Agency Director’s functions: general21The Director must exercise his functions in the way which he considers is best calculated to contribute to the reduction of crime.2In exercising his functions as required by subsection (1) the Director must—aact efficiently and effectively;bhave regard to his current annual plan (as approved by the Secretary of State in accordance with Schedule 1).3The Director may do anything (including the carrying out of investigations) which he considers is—aappropriate for facilitating, orbincidental or conducive to,the exercise of his functions.4But subsection (3) does not allow the Director to borrow money.5In considering under subsection (1) the way which is best calculated to contribute to the reduction of crime the Director must have regard to any guidance given to him by the Secretary of State.6The guidance must indicate that the reduction of crime is in general best secured by means of criminal investigations and criminal proceedings.