Crimes Legislation Amendment (Serious and Organised Crime) Act 2010 (3 of 2010)

Schedule 2   Other amendments relating to proceeds of crime

Part 1   Freezing orders

Division 1   Main amendments

Proceeds of Crime Act 2002

8   Application

Part 2-1A of the Proceeds of Crime Act 2002 applies in relation to an account if there are reasonable grounds to suspect that the balance of the account:

(a) is proceeds of an indictable offence, a foreign indictable offence or an indictable offence of Commonwealth concern; or

(b) is wholly or partly an instrument of a serious offence;

whether the conduct constituting the offence occurs before, on or after the commencement of that Part.