SCHEDULES

SCHEDULE 5Minor and consequential amendments

Proceeds of Crime Act 2002 (c. 29)

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1

Section 435 (use of information by certain Directors) is amended as follows.

2

In the heading for “Directors” substitute “ authorities ”.

3

In subsection (1)—

a

for “the Director” substitute “ a relevant authority ”;

b

for “his”, in each place, substitute “the authority's”;

c

for “him” substitute “ the authority ”.

4

In subsection (2)—

a

for “the Director” substitute “ a relevant authority ”;

b

for “his”, in each place, substitute “the authority's”;

c

for “him” substitute “ the authority ”.

5

In subsection (4)—

a

in the words before paragraph (a), for “ “the Director”” substitute “ “relevant authority” ”;

b

omit “or” at the end of paragraph (b);

c

after paragraph (c) insert—

d

Her Majesty's Revenue and Customs; or

e

the Financial Conduct Authority.

6

The amendments made by this paragraph apply to information obtained before, as well as to information obtained after, the coming into force of this paragraph.