Clause 301 - The minimum amount

Part of Proceeds of Crime Bill – in a Public Bill Committee am 3:30 pm ar 10 Ionawr 2002.

Danfonwch hysbysiad imi am ddadleuon fel hyn

Photo of Bob Ainsworth Bob Ainsworth The Parliamentary Under-Secretary of State for the Home Department 3:30, 10 Ionawr 2002

I am grateful for that clarification. I thought that we were going to go down a well-trodden path, which would bore the Committee. The clause will require the Secretary of State to set a minimum amount to apply in the relevant clauses of chapter 3. The order must be made by the Secretary of State after consultation with Scottish Ministers and will be subject to the negative resolution procedure. It is better to establish a minimum amount in that way, rather than in the way proposed in the amendment. If the minimum amount were to need adjustment, to which the hon. Gentleman referred, that could be done by secondary rather than primary legislation. We have not made a final decision on the level of the threshold, but we anticipate that it will be at a level of £10,000, which of course is the threshold for cash under the borders scheme that currently applies in the provisions of the Drug Trafficking Act 1994. With that caveat, I hope that the hon. Gentleman is satisfied, and that he will withdraw the amendment.