UK Parliament / Open data

Criminal Finances Bill

Before the noble Lord goes on to the next amendments, could he help the Committee with one point? He points to the position of PEPs and describes the potential vulnerability that quite ordinary people might have to these orders, but does he not think that subsection (3) of new Section 362B is a sufficient protection? It provides that the High Court,

“must be satisfied that there are reasonable grounds for suspecting that the known sources of the respondent’s lawfully obtained income would have been insufficient for the purposes of enabling the respondent to obtain the property”.

That provides a hurdle that has to be surmounted, as well as establishing that someone is a PEP.

Type
Proceeding contribution
Reference
782 c491 
Session
2016-17
Chamber / Committee
House of Lords chamber
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