What is a Section 18 statement Poca?
What is a Section 18 statement Poca?
The Defendant will receive a statement from the Court issued under Section 18 (3) of the Proceeds of Crime Act. The notice requires an Defendant to provide a statement detailing all of their assets and liabilities by a certain deadline. The Defendant must set out details of all assets including.
What is a Section 18 statement?
18 Statement. The Section 18 Statement is served by the Defence and this outlines what your ‘available assets’ are. This can be anything from property, cash, cars, jewellery, pensions and savings, designer clothes and handbags, to Bitcoin.
How long does a Poca last?
This used to be 12 months but has now been reduced to 6 months. There is no power in law to extend this period. The Court, if there are circumstances which permit this to be done, can extend the time to pay but enforcement proceedings will have commenced against you by that time.
Can Poca take inheritance?
Yes. As long as the benefit figure is higher than the sum paid the Prosecution can apply to the Court to re-determine the original available assets and ask for more. This can be from any source of money even an inheritance or even lottery winnings.
What are the Offences under POCA?
Money laundering offences are found in Part 7 of Proceeds of Crime Act 2002 (‘POCA’). Money laundering describes offences concerning the possession, concealment, conversion, transfer or making of arrangements relating to the proceeds of crime. This is not limited to money or cash.
How far can Poca go back?
Is there a time limit on Poca?
Is prosecproceeds of Crime Act 2002 Section 18 up to date?
Proceeds of Crime Act 2002, Section 18 is up to date with all changes known to be in force on or before 22 August 2019.
What is a section 8 of the Criminal Procedure Act?
(8) If the court makes an order under this section it may at any time vary it by making another one. (9) No information given under this section which amounts to an admission by the defendant that he has benefited from criminal conduct is admissible in evidence in proceedings for an offence.
Is information given under Section 9 of the whole Act admissible?
(9) No information given under this section which amounts to an admission by the defendant that he has benefited from criminal conduct is admissible in evidence in proceedings for an offence. The Whole Act you have selected contains over 200 provisions and might take some time to download.
