Anti-Money Laundering and Counter-Terrorism Financing (Transitional Provisions and Consequential Amendments) Act 2006 (170 of 2006)

Schedule 1   Amendments

Part 1   Amendments

Proceeds of Crime Act 2002

155   At the end of Part 6-1

Add:

337B Definition of serious offence - valuation rules

In determining the value of a transaction or transactions for the purposes of paragraph (ea), (eb) or (ec) of the definition of serious offence in section 338 of this Act, apply the following provisions of the Anti-Money Laundering and Counter-Terrorism Financing Act 2006:

(a) the definition of value in section 5;

(b) section 18;

(c) section 19.