POCA seizure threshold down
The cash seizure minimum threshold amount under the Proceeds of Crime Act 2002 has been lowered to £5,000
The Journal, April 2004, page 41
As from 16 March 2004, the Proceeds of Crime Act 2002 (Recovery of Cash in Summary Proceedings: Minimum Amount) Order 2004 is in force. This means that the cash seizure minimum amount threshold under section 289 of the 2002 Act has been lowered from £10,000 to £5,000. The section provides a search power to seize cash that is the proceeds of, or is intended for use in unlawful conduct, exercisable where the suspect cash is thought to be at least £5,000. A code of practice in connection with the exercise of the power by constables in Scotland has been produced and should be available at all police stations and ports where use of the power is likely.
Current News08.09.08 Andrew Sleigh joins Levy & McRaeInsolvency specialist moves from Burness 08.09.08 Govan LC spreads the word to AfricaMike Dailly on mission to set up continent's first law centre in Cameroon 08.09.08 At least 40 solicitor redundancies since MayHundreds of support staff also go as downturn bites 08.09.08 ID by txt cd b cmngScientists working on identifying senders by analysis of messaging patterns 05.09.08 PM changes tack on tax-raising powersAllowing Scottish Parliament more accountability would strengthen the UK, says Brown 05.09.08 Summary justice reform success, claims AngioliniLord Advocate's letter says figures to date indicate new system working 04.09.08 Advocates in Aberdeen launch new websiteInternet presence aimed at increasing awareness of Society of Advocates in the north east 04.09.08 Legal profession, local income tax top bill listScottish Government unveils legislative programme for 2008-09 04.09.08 Step up to associate for Fife lawyerSue Arrowsmith promoted at Murray Donald Drummond Cook LLP 04.09.08 Prosecution inspectorate publishes annual reportReview pending of new fiscal fine system 03.09.08 Society welcomes Legal Profession BillHopes that bill will provide for alternative business structures for law firms 03.09.08 'No proof that plaques harmful': insurance lawyersIndustry's legal team argue against proposed law extending compensation 03.09.08 Commissioner orders release of tender informationCouncil not justified in claim that Street Outreach documents must be kept secret 02.09.08 Stamp duty break for lower value properties12-month threshold of £175,000 among government moves to buck up housing market 01.09.08 Government publishes sentencing proposalsJudges and sheriffs would need to reveal reasons for departing from guidelines 01.09.08 Revenue reminds of new tax return date31 October now deadline for paper returns |