# Proceeds of Crime Act 2002 [Part 7 — Money Laundering]

URL: https://consilena.com/coverage/laws/ksrc_n6wgvtgvx7gx8dcz

- Jurisdiction: United Kingdom
- Type: Act
- Identifier: http://www.legislation.gov.uk/ukpga/2002/29
- Current as of: 24 July 2002
- Provisions: 36
- Official text: https://www.legislation.gov.uk/ukpga/2002/29
- Attribution: Contains public sector information licensed under the Open Government Licence v3.0.

> The library is a research copy. Check the official source before relying on a provision: the text published there, not the copy in Consilena, is the law.

## Provisions

### ["Part 7 — Money Laundering", "Section 339ZB: effect on required disclosures under section 330 or 331", "Regulation 339ZD"]

- **Money Laundering", "Section 339ZB: effect on required disclosures under section 330 or 331", "Regulation 339ZD"] Section 339ZB: effect on required disclosures under section 330 or 331**: — Regulation 339ZD — Section 339ZB: effect on required disclosures under section 330 or 331 This section applies if in any proceedings a question arises as to…

### ["Part 7 — Money Laundering", "Supplementary", "Regulation 339ZK"]

- **Money Laundering", "Supplementary", "Regulation 339ZK"] Supplementary**: — Regulation 339ZK — Supplementary An information order does not confer the right to require a person to provide privileged information. “Privileged…

### ["Part 7 — Money Laundering", "Section 339ZB: disclosure requests and required notifications", "Regulation 339ZC"]

- **Money Laundering", "Section 339ZB: disclosure requests and required notifications", "Regulation 339ZC"] Section 339ZB: disclosure requests and required notifications**: — Regulation 339ZC — Section 339ZB: disclosure requests and required notifications A disclosure request must— state that it is made in connection with a…

### ["Part 7 — Money Laundering", "Disclosures to the NCA", "Regulation 339ZA"]

- **Money Laundering", "Disclosures to the NCA", "Regulation 339ZA"] Disclosures to the NCA**: — Regulation 339ZA — Disclosures to the NCA Where a disclosure is made under this Part to a constable or an officer of Revenue and Customs, the constable or…

### ["Part 7 — Money Laundering", "Acquisition, use and possession", "Regulation 329"]

- **Money Laundering", "Acquisition, use and possession", "Regulation 329"] Acquisition, use and possession**: — Regulation 329 — Acquisition, use and possession A person commits an offence if he— acquires criminal property; uses criminal property; has possession of…

### ["Part 7 — Money Laundering", "Nominated officer: consent", "Regulation 336"]

- **Money Laundering", "Nominated officer: consent", "Regulation 336"] Nominated officer: consent**: — Regulation 336 — Nominated officer: consent A nominated officer must not give the appropriate consent to the doing of a prohibited act unless the condition…

### ["Part 7 — Money Laundering", "Proceedings under section 336A: supplementary", "Regulation 336B"]

- **Money Laundering", "Proceedings under section 336A: supplementary", "Regulation 336B"] Proceedings under section 336A: supplementary**: — Regulation 336B — Proceedings under section 336A: supplementary This section applies to proceedings on an application under section 336A. The court must…

### ["Part 7 — Money Laundering", "Section 339ZB: supplementary", "Regulation 339ZF"]

- **Money Laundering", "Section 339ZB: supplementary", "Regulation 339ZF"] Section 339ZB: supplementary**: — Regulation 339ZF — Section 339ZB: supplementary A relevant disclosure made in good faith does not breach— an obligation of confidence owed by the person…

### ["Part 7 — Money Laundering", "Arrangements", "Regulation 328"]

- **Money Laundering", "Arrangements", "Regulation 328"] Arrangements**: — Regulation 328 — Arrangements A person commits an offence if he enters into or becomes concerned in an arrangement which he knows or suspects facilitates (by…

### ["Part 7 — Money Laundering", "Appeals", "Regulation 339ZJ"]

- **Money Laundering", "Appeals", "Regulation 339ZJ"] Appeals**: — Regulation 339ZJ — Appeals An appeal from a decision on an application for an information order lies to the relevant appeal court. An appeal under this…

### ["Part 7 — Money Laundering", "Penalties", "Regulation 334"]

- **Money Laundering", "Penalties", "Regulation 334"] Penalties**: — Regulation 334 — Penalties A person guilty of an offence under section 327, 328 or 329 is liable— on summary conviction, to imprisonment for a term not…

### ["Part 7 — Money Laundering", "Interpretation of sections 333A to 333D", "Regulation 333E"]

- **Money Laundering", "Interpretation of sections 333A to 333D", "Regulation 333E"] Interpretation of sections 333A to 333D**: — Regulation 333E — Interpretation of sections 333A to 333D For the purposes of sections 333A to 333D, Schedule 9 has effect for determining— what is a…

### ["Part 7 — Money Laundering", "Failure to disclose: other nominated officers", "Regulation 332"]

- **Money Laundering", "Failure to disclose: other nominated officers", "Regulation 332"] Failure to disclose: other nominated officers**: — Regulation 332 — Failure to disclose: other nominated officers A person nominated to receive disclosures under section 337 or 338 commits an offence if the…

### ["Part 7 — Money Laundering", "Threshold amounts", "Regulation 339A"]

- **Money Laundering", "Threshold amounts", "Regulation 339A"] Threshold amounts**: — Regulation 339A — Threshold amounts In this section— subsections (2) to (6) apply for the purposes of sections 327(2C), 328 (5) and 329(2C), and subsection…

### ["Part 7 — Money Laundering", "Information orders", "Regulation 339ZH"]

- **Money Laundering", "Information orders", "Regulation 339ZH"] Information orders**: — Regulation 339ZH — Information orders A magistrates' court or (in Scotland) the sheriff may, on an application made by a relevant person, make an information…

### ["Part 7 — Money Laundering", "Power of court to extend the moratorium period", "Regulation 336A"]

- **Money Laundering", "Power of court to extend the moratorium period", "Regulation 336A"] Power of court to extend the moratorium period**: — Regulation 336A — Power of court to extend the moratorium period The court may, on an application under this section, grant an extension of a moratorium…

### ["Part 7 — Money Laundering", "Statements", "Regulation 339ZI"]

- **Money Laundering", "Statements", "Regulation 339ZI"] Statements**: — Regulation 339ZI — Statements A statement made by a person in response to an information order may not be used in evidence against the person in criminal…

### ["Part 7 — Money Laundering", "Concealing etc", "Regulation 327"]

- **Money Laundering", "Concealing etc", "Regulation 327"] Concealing etc**: — Regulation 327 — Concealing etc A person commits an offence if he— conceals criminal property; disguises criminal property; converts criminal property…

### ["Part 7 — Money Laundering", "Failure to disclose: nominated officers in the regulated sector", "Regulation 331"]

- **Money Laundering", "Failure to disclose: nominated officers in the regulated sector", "Regulation 331"] Failure to disclose: nominated officers in the regulated sector**: — Regulation 331 — Failure to disclose: nominated officers in the regulated sector A person nominated to receive disclosures under section 330 commits an…

### ["Part 7 — Money Laundering", "Disclosures within an undertaking or group etc", "Regulation 333B"]

- **Money Laundering", "Disclosures within an undertaking or group etc", "Regulation 333B"] Disclosures within an undertaking or group etc**: — Regulation 333B — Disclosures within an undertaking or group etc An employee, officer or partner of an undertaking does not commit an offence under section…

### ["Part 7 — Money Laundering", "Tipping off: regulated sector", "Regulation 333A"]

- **Money Laundering", "Tipping off: regulated sector", "Regulation 333A"] Tipping off: regulated sector**: — Regulation 333A — Tipping off: regulated sector A person commits an offence if— the person discloses any matter within subsection (2); the disclosure is…

### ["Part 7 — Money Laundering", "Other permitted disclosures etc", "Regulation 333D"]

- **Money Laundering", "Other permitted disclosures etc", "Regulation 333D"] Other permitted disclosures etc**: — Regulation 333D — Other permitted disclosures etc A person does not commit an offence under section 333A if the disclosure is— to the authority that is the…

### ["Part 7 — Money Laundering", "Code of practice about certain information orders", "Regulation 339ZL"]

- **Money Laundering", "Code of practice about certain information orders", "Regulation 339ZL"] Code of practice about certain information orders**: — Regulation 339ZL — Code of practice about certain information orders The Secretary of State must make a code of practice in connection with the exercise of…

### ["Part 7 — Money Laundering", "Failure to disclose: regulated sector", "Regulation 330"]

- **Money Laundering", "Failure to disclose: regulated sector", "Regulation 330"] Failure to disclose: regulated sector**: — Regulation 330 — Failure to disclose: regulated sector A person commits an offence if the conditions in subsections (2) to (4) are satisfied. The first…

### ["Part 7 — Money Laundering", "Sections 339ZB to 339ZF: interpretation", "Regulation 339ZG"]

- **Money Laundering", "Sections 339ZB to 339ZF: interpretation", "Regulation 339ZG"] Sections 339ZB to 339ZF: interpretation**: — Regulation 339ZG — Sections 339ZB to 339ZF: interpretation This section applies for the purposes of sections 339ZB to 339ZF. “Disclosure request” means a…

### ["Part 7 — Money Laundering", "Voluntary disclosures within the regulated sector", "Regulation 339ZB"]

- **Money Laundering", "Voluntary disclosures within the regulated sector", "Regulation 339ZB"] Voluntary disclosures within the regulated sector**: — Regulation 339ZB — Voluntary disclosures within the regulated sector A person (A) may disclose information to one or more other persons if conditions 1 to 4…

### ["Part 7 — Money Laundering", "Interpretation", "Regulation 340"]

- **Money Laundering", "Interpretation", "Regulation 340"] Interpretation**: — Regulation 340 — Interpretation This section applies for the purposes of this Part. Criminal conduct is conduct which— constitutes an offence in any part of…

### ["Part 7 — Money Laundering", "Tipping off", "Regulation 333"]

- **Money Laundering", "Tipping off", "Regulation 333"] Tipping off**: — Regulation 333 — Tipping off . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

### ["Part 7 — Money Laundering", "Limitations on application of section 339ZD(2) and (3)", "Regulation 339ZE"]

- **Money Laundering", "Limitations on application of section 339ZD(2) and (3)", "Regulation 339ZE"] Limitations on application of section 339ZD(2) and (3)**: — Regulation 339ZE — Limitations on application of section 339ZD(2) and (3) Subsections (2) and (3) apply in a case where the required notification is made by…

### ["Part 7 — Money Laundering", "Other permitted disclosures between institutions etc", "Regulation 333C"]

- **Money Laundering", "Other permitted disclosures between institutions etc", "Regulation 333C"] Other permitted disclosures between institutions etc**: — Regulation 333C — Other permitted disclosures between institutions etc This section applies to a disclosure— by a credit institution to another credit…

### ["Part 7 — Money Laundering", "Sections 336A to 336C: interpretation", "Regulation 336D"]

- **Money Laundering", "Sections 336A to 336C: interpretation", "Regulation 336D"] Sections 336A to 336C: interpretation**: — Regulation 336D — Sections 336A to 336C: interpretation This section provides for the meaning of terms used in sections 336A to 336C (and in this section)…

### ["Part 7 — Money Laundering", "Protected disclosures", "Regulation 337"]

- **Money Laundering", "Protected disclosures", "Regulation 337"] Protected disclosures**: — Regulation 337 — Protected disclosures A disclosure which satisfies the following three conditions is not to be taken to breach any restriction on the…

### ["Part 7 — Money Laundering", "Form and manner of disclosures", "Regulation 339"]

- **Money Laundering", "Form and manner of disclosures", "Regulation 339"] Form and manner of disclosures**: — Regulation 339 — Form and manner of disclosures The Secretary of State may by order prescribe the form and manner in which a disclosure under section 330…

### ["Part 7 — Money Laundering", "Authorised disclosures", "Regulation 338"]

- **Money Laundering", "Authorised disclosures", "Regulation 338"] Authorised disclosures**: — Regulation 338 — Authorised disclosures For the purposes of this Part a disclosure is authorised if— it is a disclosure to a constable, a customs officer or…

### ["Part 7 — Money Laundering", "Appropriate consent", "Regulation 335"]

- **Money Laundering", "Appropriate consent", "Regulation 335"] Appropriate consent**: — Regulation 335 — Appropriate consent The appropriate consent is— the consent of a nominated officer to do a prohibited act if an authorised disclosure is…

### ["Part 7 — Money Laundering", "Extension of moratorium period pending determination of proceedings etc", "Regulation 336C"]

- **Money Laundering", "Extension of moratorium period pending determination of proceedings etc", "Regulation 336C"] Extension of moratorium period pending determination of proceedings etc**: — Regulation 336C — Extension of moratorium period pending determination of proceedings etc A moratorium period is extended in accordance with subsection (2)…

### ["Part 7 — Money Laundering", "Interpretation", "Regulation 340"]

- **Money Laundering", "Interpretation", "Regulation 340"] Interpretation**: — Regulation 340 — Interpretation legal estate or equitable interest or power; references to an interest, in relation to land in Scotland, are to any estate…

### ["Part 7 — Money Laundering", "Sections 336A to 336C: interpretation", "Regulation 336D"]

- **Money Laundering", "Sections 336A to 336C: interpretation", "Regulation 336D"] Sections 336A to 336C: interpretation**: — Regulation 336D — Sections 336A to 336C: interpretation (10)) in relation to which the moratorium period in question applies. In the case of an application…

### ["Part 7 — Money Laundering", "Threshold amounts", "Regulation 339A"]

- **Money Laundering", "Threshold amounts", "Regulation 339A"] Threshold amounts**: — Regulation 339A — Threshold amounts (2). The threshold amount for acts done by a person carrying on business in the regulated sector, for the purposes of the…

### ["Part 7 — Money Laundering", "Nominated officer: consent", "Regulation 336"]

- **Money Laundering", "Nominated officer: consent", "Regulation 336"] Nominated officer: consent**: — Regulation 336 — Nominated officer: consent (4) is satisfied, and he knows or suspects that the act is a prohibited act. A person guilty of such an offence…

### ["Part 7 — Money Laundering", "Failure to disclose: regulated sector", "Regulation 330"]

- **Money Laundering", "Failure to disclose: regulated sector", "Regulation 330"] Failure to disclose: regulated sector**: — Regulation 330 — Failure to disclose: regulated sector (3). The laundered property is the property forming the subject-matter of the money laundering that he…

### ["Part 7 — Money Laundering", "Appropriate consent", "Regulation 335"]

- **Money Laundering", "Appropriate consent", "Regulation 335"] Appropriate consent**: — Regulation 335 — Appropriate consent (6) is subject to— section 336A, which enables the moratorium period to be extended by court order in accordance with…

### ["Part 7 — Money Laundering", "Information orders", "Regulation 339ZH"]

- **Money Laundering", "Information orders", "Regulation 339ZH"] Information orders**: — Regulation 339ZH — Information orders request in determining any matter in connection with the disclosure, and it is reasonable in all the circumstances for…

### ["Part 7 — Money Laundering", "Form and manner of disclosures", "Regulation 339"]

- **Money Laundering", "Form and manner of disclosures", "Regulation 339"] Form and manner of disclosures**: — Regulation 339 — Form and manner of disclosures (2) is not to be taken to breach any restriction on the disclosure of information (however imposed)…

### ["Part 7 — Money Laundering", "Failure to disclose: other nominated officers", "Regulation 332"]

- **Money Laundering", "Failure to disclose: other nominated officers", "Regulation 332"] Failure to disclose: other nominated officers**: — Regulation 332 — Failure to disclose: other nominated officers (3). The laundered property is the property forming the subject-matter of the money laundering…

### ["Part 7 — Money Laundering", "Concealing etc", "Regulation 327"]

- **Money Laundering", "Concealing etc", "Regulation 327"] Concealing etc**: — Regulation 327 — Concealing etc (1) does not commit an offence under that subsection if— it does the act in operating an account maintained with it, and the…

### ["Part 7 — Money Laundering", "Section 339ZB: disclosure requests and required notifications", "Regulation 339ZC"]

- **Money Laundering", "Section 339ZB: disclosure requests and required notifications", "Regulation 339ZC"] Section 339ZB: disclosure requests and required notifications**: — Regulation 339ZC — Section 339ZB: disclosure requests and required notifications (3)(b), the required notification must— state that a disclosure request has…

### ["Part 7 — Money Laundering", "Arrangements", "Regulation 328"]

- **Money Laundering", "Arrangements", "Regulation 328"] Arrangements**: — Regulation 328 — Arrangements (1) does not commit an offence under that subsection if— it does the act in operating an account maintained with it, and the…

### ["Part 7 — Money Laundering", "Power of court to extend the moratorium period", "Regulation 336A"]

- **Money Laundering", "Power of court to extend the moratorium period", "Regulation 336A"] Power of court to extend the moratorium period**: — Regulation 336A — Power of court to extend the moratorium period (4) apply to any further extension of a moratorium period as they apply to the first…

### ["Part 7 — Money Laundering", "Extension of moratorium period pending determination of proceedings etc", "Regulation 336C"]

- **Money Laundering", "Extension of moratorium period pending determination of proceedings etc", "Regulation 336C"] Extension of moratorium period pending determination of proceedings etc**: — Regulation 336C — Extension of moratorium period pending determination of proceedings etc (7) where— an application is made to the court under section 336A…

### ["Part 7 — Money Laundering", "Section 339ZB: effect on required disclosures under section 330 or 331", "Regulation 339ZD"]

- **Money Laundering", "Section 339ZB: effect on required disclosures under section 330 or 331", "Regulation 339ZD"] Section 339ZB: effect on required disclosures under section 330 or 331**: — Regulation 339ZD — Section 339ZB: effect on required disclosures under section 330 or 331 (1) in connection with a suspicion of a person's engagement in…

### ["Part 7 — Money Laundering", "Failure to disclose: nominated officers in the regulated sector", "Regulation 331"]

- **Money Laundering", "Failure to disclose: nominated officers in the regulated sector", "Regulation 331"] Failure to disclose: nominated officers in the regulated sector**: — Regulation 331 — Failure to disclose: nominated officers in the regulated sector (2), if disclosed to him under section 330, the whereabouts of the laundered…

### ["Part 7 — Money Laundering", "Acquisition, use and possession", "Regulation 329"]

- **Money Laundering", "Acquisition, use and possession", "Regulation 329"] Acquisition, use and possession**: — Regulation 329 — Acquisition, use and possession (1) does not commit an offence under that subsection if— it does the act in operating an account maintained…

### ["Part 7 — Money Laundering", "Authorised disclosures", "Regulation 338"]

- **Money Laundering", "Authorised disclosures", "Regulation 338"] Authorised disclosures**: — Regulation 338 — Authorised disclosures made in the course of the alleged offender’s employment .... References to the prohibited act are to an act mentioned…

### ["Part 7 — Money Laundering", "Proceedings under section 336A: supplementary", "Regulation 336B"]

- **Money Laundering", "Proceedings under section 336A: supplementary", "Regulation 336B"] Proceedings under section 336A: supplementary**: — Regulation 336B — Proceedings under section 336A: supplementary (7)). The appropriate appeal court is— in the case of a decision of the Crown Court in…

### ["Part 7 — Money Laundering", "Limitations on application of section 339ZD(2) and (3)", "Regulation 339ZE"]

- **Money Laundering", "Limitations on application of section 339ZD(2) and (3)", "Regulation 339ZE"] Limitations on application of section 339ZD(2) and (3)**: — Regulation 339ZE — Limitations on application of section 339ZD(2) and (3) (2) has effect in the case of B only so far as relating to— the suspicion in…

### ["Part 7 — Money Laundering", "Code of practice about certain information orders", "Regulation 339ZL"]

- **Money Laundering", "Code of practice about certain information orders", "Regulation 339ZL"] Code of practice about certain information orders**: — Regulation 339ZL — Code of practice about certain information orders (5) apply to a revised code as they apply to the original code. A failure by a person to…

### ["Part 7 — Money Laundering", "Other permitted disclosures etc", "Regulation 333D"]

- **Money Laundering", "Other permitted disclosures etc", "Regulation 333D"] Other permitted disclosures etc**: — Regulation 333D — Other permitted disclosures etc (1)(b). A person does not commit an offence under section 333A (3) if the person does not know or suspect…

### ["Part 7 — Money Laundering", "Interpretation", "Regulation 340"]

- **Money Laundering", "Interpretation", "Regulation 340"] Interpretation**: — Regulation 340 — Interpretation (14)(a)— the reference to the activity of accepting deposits is a reference to that activity so far as it is, for the time…

### ["Part 7 — Money Laundering", "Information orders", "Regulation 339ZH"]

- **Money Laundering", "Information orders", "Regulation 339ZH"] Information orders**: — Regulation 339ZH — Information orders (5), “external request” means a request made by an authority of a foreign country which has responsibility in that…

### ["Part 7 — Money Laundering", "Concealing etc", "Regulation 327"]

- **Money Laundering", "Concealing etc", "Regulation 327"] Concealing etc**: — Regulation 327 — Concealing etc (10) of the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (S.I…

### ["Part 7 — Money Laundering", "Acquisition, use and possession", "Regulation 329"]

- **Money Laundering", "Acquisition, use and possession", "Regulation 329"] Acquisition, use and possession**: — Regulation 329 — Acquisition, use and possession (10) of the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer)…

### ["Part 7 — Money Laundering", "Failure to disclose: nominated officers in the regulated sector", "Regulation 331"]

- **Money Laundering", "Failure to disclose: nominated officers in the regulated sector", "Regulation 331"] Failure to disclose: nominated officers in the regulated sector**: — Regulation 331 — Failure to disclose: nominated officers in the regulated sector (3) consists of or includes information that was obtained only in…

### ["Part 7 — Money Laundering", "Arrangements", "Regulation 328"]

- **Money Laundering", "Arrangements", "Regulation 328"] Arrangements**: — Regulation 328 — Arrangements (10) of the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (S.I…

### ["Part 7 — Money Laundering", "Failure to disclose: regulated sector", "Regulation 330"]

- **Money Laundering", "Failure to disclose: regulated sector", "Regulation 330"] Failure to disclose: regulated sector**: — Regulation 330 — Failure to disclose: regulated sector (3) comes to the person in connection with the provision of such assistance or support, and the…

### ["Part 7 — Money Laundering", "Information orders", "Regulation 339ZH"]

- **Money Laundering", "Information orders", "Regulation 339ZH"] Information orders**: — Regulation 339ZH — Information orders made only for the purpose of assisting the foreign FIU to conduct one or both of the following— operational analysis of…

### ["Part 7 — Money Laundering", "Acquisition, use and possession", "Regulation 329"]

- **Money Laundering", "Acquisition, use and possession", "Regulation 329"] Acquisition, use and possession**: — Regulation 329 — Acquisition, use and possession (1) does not commit an offence under that subsection if— P is carrying on business in the regulated sector…

### ["Part 7 — Money Laundering", "Failure to disclose: regulated sector", "Regulation 330"]

- **Money Laundering", "Failure to disclose: regulated sector", "Regulation 330"] Failure to disclose: regulated sector**: — Regulation 330 — Failure to disclose: regulated sector (1) of Schedule 3B to the Social Security Administration Act 1992, and but for the information so…

### ["Part 7 — Money Laundering", "Concealing etc", "Regulation 327"]

- **Money Laundering", "Concealing etc", "Regulation 327"] Concealing etc**: — Regulation 327 — Concealing etc (1) does not commit an offence under that subsection if— P is carrying on business in the regulated sector, P does the act in…

### ["Part 7 — Money Laundering", "Acquisition, use and possession", "Regulation 329"]

- **Money Laundering", "Acquisition, use and possession", "Regulation 329"] Acquisition, use and possession**: — Regulation 329 — Acquisition, use and possession than the value of the use or possession; the provision by a person of goods or services which he knows or…

### ["Part 7 — Money Laundering", "Failure to disclose: regulated sector", "Regulation 330"]

- **Money Laundering", "Failure to disclose: regulated sector", "Regulation 330"] Failure to disclose: regulated sector**: — Regulation 330 — Failure to disclose: regulated sector (9) is not to be taken as a disclosure to a nominated officer if the person making the disclosure— is…

### ["Part 7 — Money Laundering", "Information orders", "Regulation 339ZH"]

- **Money Laundering", "Information orders", "Regulation 339ZH"] Information orders**: — Regulation 339ZH — Information orders £5,000. The sum mentioned in subsection (8) is to be treated as adjudged to be paid by a conviction of the court for…

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