Drug Trafficking Offences Act 1986
Encyclopedia
The Drug Trafficking Offences Act 1986 was the first act of the Parliament of the United Kingdom
specifically dealing with laundering
the proceeds of drug trafficking. The legislation was enacted as a direct response to the failure of the courts' power making it impossible under the law, as it stood, to confiscate some £750,000 of drug trafficking proceeds which were traced directly to the offenders.
It was largely repealed and replaced by the Drug Trafficking Act 1994
.
Parliament of the United Kingdom
The Parliament of the United Kingdom of Great Britain and Northern Ireland is the supreme legislative body in the United Kingdom, British Crown dependencies and British overseas territories, located in London...
specifically dealing with laundering
Money laundering
Money laundering is the process of disguising illegal sources of money so that it looks like it came from legal sources. The methods by which money may be laundered are varied and can range in sophistication. Many regulatory and governmental authorities quote estimates each year for the amount...
the proceeds of drug trafficking. The legislation was enacted as a direct response to the failure of the courts' power making it impossible under the law, as it stood, to confiscate some £750,000 of drug trafficking proceeds which were traced directly to the offenders.
It was largely repealed and replaced by the Drug Trafficking Act 1994
Drug Trafficking Act 1994
The Drug Trafficking Act 1994 is an Act of the Parliament of the United Kingdom. It largely replaced the Drug Trafficking Offences Act 1986....
.