5. In the Criminal Justice and Police Act 2001 M1—
(a)in section 68(2) (application to Scotland)—
(i)in paragraph (g), for “regulation 39(6) of the Money Laundering Regulations 2007”M2 substitute “regulation 70(7) of the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017”;
(ii)omit paragraph (h);
(b)in Part 1 of Schedule 1 (powers of seizure to which section 50 of the 2001 Act applies)—
(i)in the heading above paragraph 73J, for “The Money Laundering Regulations 2007” substitute “ The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 ”;
(ii)in paragraph 73J, for “regulation 39(6) of the Money Laundering Regulations 2007” substitute “ regulation 70(7) of the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 ”;
(iii)omit paragraph 73K and the heading above it.