Economic Crime and Corporate Transparency Act 2023

215Report on costs orders for proceedings for civil recoveryU.K.

This section has no associated Explanatory Notes

(1)The Secretary of State must assess whether it would be appropriate to restrict the court’s power to order that the costs of proceedings under Chapter 2 of Part 5 of the Proceeds of Crime Act 2002 are payable by an enforcement authority and, if so, how.

(2)In carrying out the assessment, the Secretary of State must consult such persons as the Secretary of State considers appropriate.

(3)The Secretary of State must publish and lay before Parliament a report on the outcome of the assessment by the end of the period of 12 months beginning with the day on which this Act is passed.

(4)In this section “the court” means the High Court in England and Wales.

Commencement Information

I1S. 215 in force at Royal Assent for specified purposes, see s. 219(1)(2)(b)

I2S. 215 in force at 4.3.2024 in so far as not already in force by S.I. 2024/269, reg. 2(z66)