Member

272: Clause 72, page 90, line 20, leave out “, they are given reason to suspect” and insert “and Wales, they know or suspect, or have reasonable grounds for knowing or suspecting,” Member’s explanatory statement The purpose of this amendment is to align the wording with that of the equivalent duty to report money laundering as stated in section 330(2) of the Proceeds of Crime Act 2002, and to extend the scope of the duty to cover Wales in addition to England.