Page 802 - IOM Law Society Rules Book

424 Proceeds of Crime Act 2008 c.13

SCH. 5 “unlawful conduct” has the same meaning as in the Proceeds of
Crime Act 2008.

(2) Where cash consists of a forged or counterfeit version of
any instrument or currency, it shall be taken, for the purposes of this
Part, to have the value it would have had were it genuine.

(3) The Treasury may by order prescribe —

(a) any type of monetary instrument to be cash for the purposes
of the definition of “cash” in subsection (1); and

(b) any amount for the purposes of the definition “prescribed
amount” in subsection (1).

Officer may 76B. (1) An officer may require a person who is exporting or
require importing goods —
disclosure
of cash
(a) to disclose if the goods consist of or include cash with a
value in excess of the prescribed amount; and

(b) to answer questions in respect of any such cash.

(2) The Treasury may by order prescribe the form and manner
in which disclosures under subsection (1) are to be made.

Persons 76C. (1) A person entering or leaving the Island and carrying, or
entering otherwise having in their possession or control, cash with a value in
and leaving
the Island excess of the prescribed amount must declare that value to an officer.
(2) The Treasury must by order prescribe the form and manner
in which declarations under subsection (1) are to be made.

(3) An officer may require a person entering or leaving the
Island —

(a) to disclose the value of any cash —

(i) contained in his or her baggage;

(ii) carried with the person; or

(iii) contained in any vehicle in which the person is
travelling;

(b) to answer questions in respect of any such cash; and

(c) to produce his or her baggage for inspection by the officer.

(4) The Treasury may by order prescribe the form and manner
in which disclosures under subsection (3)(a) are to be made.

(5) A person who, when required to produce his or her baggage,
refuses or fails to do so, commits an offence and is liable —