CONFISCATION ACT 1997 - SECT 173 Transitional—Crimes (Money Laundering) Act 2003
CONFISCATION ACT 1997 - SECT 173
Transitional—Crimes (Money Laundering) Act 2003(1) The definition of tainted property in section 3 of this Act as amended by section 5(3) of the Crimes (Money Laundering) Act 2003 , in so far as it relates to an offence under section 194, 195 or 195A of the Crimes Act 1958 , applies only with respect to offences alleged to have been committed on or after the commencement of section 5(3) of the Crimes (Money Laundering) Act 2003 .
(2) The amendment of section 31M of this Act made by section 5(5) of the Crimes (Money Laundering) Act 2003 applies only to freezing orders notice of which is given to a financial institution on or after the commencement of section 5(5) of that Act.
(3) The amendment of section 116(4) of this Act made by section 5(6) of the Crimes (Money Laundering) Act 2003 applies only to monitoring orders notice of which is given to a financial institution on or after the commencement of section 5(6) of that Act.
(4) The amendment of section 118M of this Act made by section 5(8) of the Crimes (Money Laundering) Act 2003 applies only to an information notice given to a financial institution on or after the commencement of section 5(8) of that Act.
(5) Item 18 of Schedule 1 and item 3 of Schedule 2 continue to apply in respect of any offence referred to in the item which is alleged to have been committed before the commencement of section 5(1) of the Crimes (Money Laundering) Act 2003 .
(6) For the purposes of this section, if an offence is alleged to have been committed between two dates, one before and one after the commencement of section 5(1) of the Crimes (Money Laundering) Act 2003 , the offence is alleged to have been committed before that commencement.
S. 174 inserted by No. 87/2004 s. 23.