Section 173

The Economic Crime (Transparency and Enforcement) Act 2022 is amended as follows. In section 34 (power to require overseas entity to register if it owns certain land)— in subsection (4)(a), for “the maximum summary term for either-way offences” substitute “a term not exceeding the general limit in a magistrates’ court”; omit subsection (5). In section 36 (meaning of “daily default fine”) after “applies for” insert “the”.

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Source: legislation.gov.uk · retrieved 2026-09-04