ÑÇÖÞÉ«ÇéÍø

A7.102 Money laundering offences

Under POCA 2002, there are three main money laundering offences (prescribed in sections 327, 328 and 329). For the purposes of the legislation, 'money laundering' is defined as an act which either:

1. Ìý

   (a)ÌýÌýÌýÌý constitutes an offence under section 327, 328 or 329 of the Act

2. Ìý

   (b)ÌýÌýÌýÌý constitutes an attempt, conspiracy or incitement to commit an offence within (a)

3. Ìý

   (c)ÌýÌýÌýÌý constitutes aiding, abetting, counselling or procuring the commission of an offence within (a), or

4. Ìý

   (d)ÌýÌýÌýÌý would constitute an offence specified in (a) to (c) had it taken place in the UK¹

For acts which are not offences for the purposes of ss 327–329, see A7.103. For the penalties relative to the offences, see A7.110.

There are similar offences under the Terrorism Act 2000 concerning property that is intended to be used for the purposes of terrorism.