329 Acquisition, use and possession
Proceeds of Crime Act 2002 (2002 c 29) | Legislation

329  Acquisition, use and possession

(1)     A person commits an offence if he—

(a)     acquires criminal property;

(b)     uses criminal property;

(c)     has possession of criminal property.

(2)     But a person does not commit such an offence if—

(a)     he makes an authorised disclosure under section 338 and (if the disclosure is made before he does the act mentioned in subsection (1)) he has the appropriate consent;

(b)     he intended to make such a disclosure but had a reasonable excuse for not doing so;

(c)     he acquired or used or had possession of the property for adequate consideration;

(d)     the act he does is done in carrying out a function he has relating to the enforcement of any provision of this Act or of any other enactment relating to criminal conduct or benefit from criminal conduct.

[(2A)     Nor does a person commit an offence under subsection (1) if—

(a)     he knows, or believes on reasonable grounds, that the relevant criminal conduct occurred in a particular country or territory outside the United Kingdom, and

(b)     the relevant criminal conduct—

(i)     was not, at the time it occurred, unlawful under the criminal law then applying in that country or territory, and

(ii)

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