Schedule 10, Part 1, paragraph 2(8)
ECCTA 2023
Economic Crime and Corporate Transparency Act 2023 · United Kingdom
For the purposes of sub-paragraph (7)— a “relevant item of expenditure” is an item of expenditure to which regulations under section 286B of the Proceeds of Crime Act 2002 would apply if the order under sub-paragraph (1) had instead been a recovery order made under section 266 of that Act; an amount is “allowed” in respect of a relevant item of expenditure if it would have been allowed by those regulations.
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Source: legislation.gov.uk · retrieved 2026-09-04