Proceeds of Crime Act 2002

[F1303Y“The minimum value”U.K.
This section has no associated Explanatory Notes

(1)For the purposes of this Chapter, “the minimum value” is £1,000.

(2)The Secretary of State may by regulations amend the amount for the time being specified in subsection (1).

(3)The Secretary of State must consult the Scottish Ministers and the Department of Justice before making regulations under subsection (2).]

Textual Amendments

F1Pt. 5 Ch. 3A inserted (27.4.2017 for specified purposes, 31.10.2017 for the insertion of ss. 303G, 303H for E.W.S. so far as not already in force, 30.1.2018 for the insertion of s. 303E(4) for E.W.S. so far as not already in force, 16.4.2018 for E.W.S. in so far as not already in force, 28.6.2021 for N.I. in so far as not already in force) by Criminal Finances Act 2017 (c. 22), ss. 15, 58(1)(6); S.I. 2017/991, reg. 2(d); S.I. 2018/78, regs. 2(a), 4(b); S.I. 2021/724, reg. 2(1)(f)