Moneylenders Act 2008 s 22

s 22 Proceeds of unlicensed moneylending

22.—(1) In this Part, property is proceeds of unlicensed moneylending if it is wholly or partly derived or realised, whether directly or indirectly, from a contravention of section 5(1). (2) Property becomes proceeds of unlicensed moneylending if —(a) it is wholly or partly derived or realised from a dealing with or disposal of proceeds of unlicensed moneylending; or (b) it is wholly or partly acquired using proceeds of unlicensed moneylending, including by virtue of a previous application of this subsection. (3) Property remains proceeds of unlicensed moneylending even if —(a) it is credited to an account; or (b) it is dealt with or disposed of.[15B

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