at end insert “, or to answer questions on oath”
Bill texts 6
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Amendments 40
Committee stage — Lords 20
leave out “holds” and insert “has a financial interest in”
leave out “holds” and insert “has a financial interest in”
leave out “purports to comply” and insert “complies”
leave out “, or purports to comply,”
after “satisfied” insert “beyond reasonable doubt”
leave out “£100,000” and insert “£500,000”
at end insert— where the property is held by the trustees of a settlement, setting out such details of the settlement as may be specified in the order, and
leave out “to provide information, or”
after “satisfied” insert “that there is reasonable cause to believe”
leave out “£100,000” and insert “£50,000”
at end insert— where the property is an interest in other property comprised in a settlement, the reference to the respondent obtaining the property is to be taken as if it were a reference to the respondent obtaining direct ownership of such share in the settled property as relates to, or is fairly represented by, that interest.”
at end insert— otherwise connected with a person within that paragraph.”
leave out “subsection (4)(b)” and insert “this section”
at end insert— Subsections (5B) and (5C) apply in determining the respondent’s interest for the purposes of subsection (3) in a case where the respondent to the unexplained wealth order—
leave out “other provisions of”
at end insert— the respondent has a financial interest in land or property in England and Wales which is registered in the name of an overseas company.”
leave out “, or” and insert “who merits additional due diligence according to Financial Conduct Authority guidelines, and”
leave out line 28
leave out “6” and insert “12”
Report stage — Lords 20
Insert the following new Clause— “Office for Professional Body Anti-Money Laundering Supervision
Insert the following new Clause— “Public registers of beneficial ownership of companies in the Overseas Territories
at end insert— References to a person who holds or obtains property include any body corporate, whether incorporated or formed under the law of a part of the United Kingdom or in a country or territory outside the United Kingdom.”
at end insert— References to a person who holds or obtains property include any body corporate, whether incorporated or formed under the law of a part of the United Kingdom or in a country or territory outside the United Kingdom.”
leave out from beginning to end of line 9 on page 35
leave out “28 days” and insert “84 days”
leave out “a senior National Crime Agency officer,” and insert “the Director General of the National Crime Agency or any other National Crime Agency officer authorised by the Director General (whether generally or specifically) for this purpose,”
leave out lines 10 to 15
at end insert— it is the forfeitable property in relation to an order under paragraph 10I(1) of that Schedule.””
at end insert— it is the forfeitable property in relation to an order under paragraph 10I(1) of that Schedule.””
at end insert— it is the forfeitable property in relation to an order under paragraph 10I(1) of that Schedule.””
at end insert— After section 316 insert—
at end insert “, or to answer questions on oath”
at end insert— the respondent is registered as a beneficial owner of an overseas company or other legal entity which owns the property.”
leave out lines 37 to 39
leave out “or is purported to be complied with”
leave out “, or purports to comply,”
at end insert— After section 245 insert—
at end insert— After section 269 insert—
Insert the following new Clause— “Co-operation: beneficial ownership information