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)
”
.