[362B Requirements for making of unexplained wealth order]
Proceeds of Crime Act 2002 (2002 c 29) | Legislation

[362B  Requirements for making of unexplained wealth order]

[(1)     These are the requirements for the making of an unexplained wealth order in respect of any property.

(2)     The High Court must be satisfied that there is reasonable cause to believe that—

(a)     the respondent holds the property, and

(b)     the value of the property is greater than £50,000.

(3)     The High Court must be satisfied that there are reasonable grounds for suspecting[—

(a)]     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[, or

(b)     that the property has been obtained through unlawful conduct (within the meaning given by section 242)].

(4)     The High Court must be satisfied that—

(a)     the respondent is a politically exposed person, or

(b)     there are reasonable grounds for suspecting that—

(i)     the respondent is, or has been, involved in serious crime

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