Member

482: After Clause 196, insert the following new Clause— “Report: economic crime fighting fund(1) The Secretary of State must undertake an assessment of the viability, and potential merits, of establishing an economic crime fighting fund based on the principle of reinvesting a proportion of receipts resulting from economic crime enforcement into a pooled fund for the purposes of providing multi-year resourcing for tackling economic crime.(2) The assessment specified in subsection (1) must also examine the impact of budget exchange rules on the functioning of the asset recovery incentivisation scheme. (3) In carrying out the assessment, the Secretary of State must consult such persons as they consider appropriate.(4) The Secretary of State must publish and lay before Parliament a report on the outcome of the assessment by the end of the period of 12 months beginning with the day on which this Act is passed.”