PART 1

Proceeds of crime
CHAPTER 4

Disclosures, investigations, co-operation and enforcement

Confiscation orders by magistrates' courts
40
1
The Serious Organised Crime and Police Act 2005 is amended as follows.
2
In section 97 (confiscation orders by magistrates' courts), after subsection (1) insert—
1ZA
But an order under subsection (1) may not enable such a confiscation order to be made by any magistrates' court in respect of an amount exceeding £10,000.
1ZB
The Secretary of State may by order amend subsection (1ZA) so as to substitute a different amount.
3
In subsection (2) of that section omit “(1) or”.
4
After that subsection insert—
2A
The Department of Justice may by order amend subsection (2) so as to substitute a different amount.
5
In section 172 (orders etc)—
a
in subsection (5) (orders made by Secretary of State that are subject to affirmative resolution procedure), in paragraph (i), after “section 97(1)” insert “ or (1ZB) ”;
b
in subsection (13) (orders made by Department of Justice in Northern Ireland that are subject to affirmative resolution procedure), in paragraph (d), after “section 97(1A)” insert “ or (2A) ”.
S. 40 in force at 1.6.2015 by S.I. 2015/820, reg. 3(m)