Serious Crime Act 2015 (c. 9)

PART 1 U.K. Proceeds of crime

CHAPTER 4 U.K. Disclosures, investigations, co-operation and enforcement

39 External orders and investigations: meaning of “obtaining property” U.K.

In section 447 of the Proceeds of Crime Act 2002 (interpretation of Part 11 (co-operation)), after subsection (6) insert—

“(6A) A person who obtains a pecuniary advantage as a result of or in connection with conduct is to be taken to obtain, as a result of or in connection with the conduct, a sum of money equal to the value of the pecuniary advantage.

(6B) References to property or a pecuniary advantage obtained in connection with conduct include references to property or a pecuniary advantage obtained both in that connection and some other.”

Commencement Information

I1 S. 39 in force at 1.6.2015 by S.I. 2015/820, reg. 3(l)