PART 1Proceeds of crime

CHAPTER 4Disclosures, investigations, co-operation and enforcement

I140Confiscation orders by magistrates' courts

1

The Serious Organised Crime and Police Act 2005 is amended as follows.

2

In section 97 (confiscation orders by magistrates' courts), after subsection (1) insert—

1ZA

But an order under subsection (1) may not enable such a confiscation order to be made by any magistrates' court in respect of an amount exceeding £10,000.

1ZB

The Secretary of State may by order amend subsection (1ZA) so as to substitute a different amount.

3

In subsection (2) of that section omit “(1) or”.

4

After that subsection insert—

2A

The Department of Justice may by order amend subsection (2) so as to substitute a different amount.

5

In section 172 (orders etc)—

a

in subsection (5) (orders made by Secretary of State that are subject to affirmative resolution procedure), in paragraph (i), after “section 97(1)” insert “ or (1ZB) ”;

b

in subsection (13) (orders made by Department of Justice in Northern Ireland that are subject to affirmative resolution procedure), in paragraph (d), after “section 97(1A)” insert “ or (2A) ”.