Part of Proceeds of Crime Bill – in a Public Bill Committee am 4:45 pm ar 27 Tachwedd 2001.
Thank you, Mr. McWilliam, for your protection from my hon. Friend the Member for Glasgow, Pollok. It is much appreciated.
Subsection (11) states:
``In deciding under this section whether one amount exceeds another the court must take account of any change in the value of money.''
After requiring the court to take into account the original proceeds of crime and any interest and benefit that may have accrued from investment, it would be strange and very unfair to not encourage it to take account of changes in the value of money. There are two sides of the coin when updating the decision with regard to benefits that the defendant may have accrued through the investment of his proceeds and the downside of time having elapsed.