Legislation – Police, Crime, Sentencing and Courts Act 2022
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Changes to legislation:
Police, Crime, Sentencing and Courts Act 2022, Cross Heading: Proceeds of crime is up to date with all changes known to be in force on or before 05 November 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.![]()
Changes to Legislation
Revised legislation carried on this site may not be fully up to date. Changes and effects are recorded by our editorial team in lists which can be found in the ‘Changes to Legislation’ area. Where those effects have yet to be applied to the text of the legislation by the editorial team they are also listed alongside the legislation in the affected provisions. Use the ‘more’ link to open the changes and effects relevant to the provision you are viewing.
Changes and effects yet to be applied to Part 2 Chapter 4 Crossheading Proceeds-of-crime:
- Pt. 2 Ch. 3A inserted by 2024 c. 21 s. 28
- s. 44F inserted by 2024 c. 21 s. 29
Changes and effects yet to be applied to the whole Act associated Parts and Chapters:
Whole provisions yet to be inserted into this Act (including any effects on those provisions):
- Pt. 2 Ch. 3A inserted by 2024 c. 21 s. 28
- s. 44F inserted by 2024 c. 21 s. 29
PART 2Prevention, investigation and prosecution of crime
CHAPTER 4Other provisions
Proceeds of crime
59Proceeds of crime: account freezing orders
(1)
In section 303Z1 of the Proceeds of Crime Act 2002 (application for account freezing order)—
(a)
omit subsections (5A) and (5B), and
(b)
““relevant financial institution” means—
(a)
a bank,
(b)
a building society,
(c)
an electronic money institution, or
(d)
a payment institution.”
(2)
In section 316(1) of that Act (general interpretation), in the definition of “relevant financial institution”, after “303Z1” insert “(6)”
.
(3)
In section 48 of the Financial Services Act 2021 (extent)—
(a)
in subsection (1), for “subsections (2) and (3)” substitute “subsection (2)”
, and
(b)
omit subsection (3).
(4)
In paragraph 14 of Schedule 12 to that Act (forfeiture of money: electronic money institutions and payment institutions) omit sub-paragraphs (3) and (4).