The Transfer of Funds (Information on the Payer) Regulations 2007

Made: 22nd November 2007

Laid before Parliament: 23rd November 2007

Coming into force: 15th December 2007

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PART 1 — GENERAL

Citation, commencement etc.

1

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Interpretation

2

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PART 2 — SUPERVISION

Supervisory authorities

3

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Duties of supervisory authorities

4

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Costs of supervision

5

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PART 3 — ENFORCEMENT

Powers of supervisory authorities

Interpretation

6

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Power to require information from, and attendance of, relevant and connected persons

7

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Entry, inspection without a warrant etc.

8

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Entry to premises under warrant

9

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Failure to comply with information requirement

10

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Civil penalties, review and appeals

Power to impose civil penalties

11

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Review procedure

12

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Appeals

13

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Criminal offences

Offences

14

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Prosecution of offences

15

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Offences by bodies corporate etc.

16

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PART 4 — MISCELLANEOUS

Recovery of charges and penalties through the court

17

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Transfers between the United Kingdom and the Channel Islands and the Isle of Man

18

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Consequential amendments

19

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SCHEDULE 1 — CONNECTED PERSONS

Corporate bodies

1

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Partnerships

2

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Unincorporated associations

3

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Individuals

4

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SCHEDULE 2 — MODIFICATIONS IN RELATION TO APPEALS

The Financial Services and Markets Act 2000

1

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The Value Added Tax Act 1994

2

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SCHEDULE 3 — CONSEQUENTIAL AMENDMENTS

The Northern Ireland Act 1998

1

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The Criminal Justice and Police Act 2001

2

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3

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Signed

Signatory text

Frank Roy — Claire Ward — Two of the Lords Commissioners of Her Majesty's Treasury — 2007-11-22

Explanatory note

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Footnotes

[^f00001]: S.I. 2007/2133.

[^f00002]: 1972 c. 68; section 2(2) was amended by section 27 of the Legislative and Regulatory Reform Act 2006 (c.51). By virtue of the amendment of section 1(2) made by section 1 of the European Economic Area Act 1993 (c.51) regulations may be made under section 2(2) to implement obligations of the United Kingdom created by or arising under the Agreement on the European Economic Area signed at Oporto on 2nd May 1992 (Cm 2073, OJ No L 1, 3.11.1994, p. 3) and the Protocol adjusting that Agreement signed at Brussels on 17th March 1993 (Cm 2183, OJ No L 1, 3.1.1994, p.572).

[^f00003]: See the definition of “prescribed”.

[^f00004]: 2000 c. 8.

[^f00005]: See section 31(1).

[^f00006]: 2002 c. 29.

[^f00007]: OJ No L 345, 8.12.2006, p. 1.

[^f00008]: 2001 c. 24.

[^f00009]: S.I. 2006/2657.

[^f00010]: S.I. 2006/2952.

[^f00011]: 1911 c. 6.

[^f00012]: 1995 c. 39.

[^f00013]: S.I. 1979/1714 (N.I. 19).

[^f00014]: 1995 c. 46.

[^f00015]: Established under section 132 of the 2000 Act.

[^f00016]: Established under section 82 of and Schedule 12 to the Value Added Tax Act 1994 (c.23).

[^f00017]: 1994 c. 23.

[^f00018]: 1979 c. 2. See the definition in section 1 of “assigned matter” substituted by the Commissioners for Revenue and Customs Act 2005 (c. 11).

[^f00019]: 1925 c. 86.

[^f00020]: 1980 c. 43.

[^f00021]: 1995 c. 46.

[^f00022]: 1945 c. 15 (N.I.).

[^f00023]: S.I. 1981/1675 (N.I. 26).

[^f00024]: 1998 c. 47. Paragraph 25 of Schedule 3 was amended by S.I. 2003/3075 and is amended, with effect from 15th December 2007, by S.I. 2007/2157.

[^f00025]: 2001 c. 16. Paragraph 73J is inserted, with effect from 15th December 2007, by S.I. 2007/2157.

Corporate bodies

Partnerships

Unincorporated associations

Individuals

Editorial notes

[^key-c3b55b1a7507660ac869e8985e247bca]: Regulations revoked (26.6.2017) by The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (S.I. 2017/692), regs. 1(2), 110 (with regs. 8, 15)

Appeals against decisions of the Commissioners

Offer of review

12A

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Review by the Commissioners

12B

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Extensions of time

12C

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Review out of time

12D

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Nature of review etc

12E

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Bringing of appeals against decisions of the Commissioners

12F

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Appeals

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