Short Title: | Criminal Justice Act 1993 |
Type: | Act |
Parliament: | Parliament of the United Kingdom |
Year: | 1993 |
Citation: | 1993 c. 36 |
Royal Assent: | 27 July 1993 |
Use New Uk-Leg: | yes |
The Criminal Justice Act 1993 (c. 36) is a United Kingdom act of Parliament that set out new rules regarding drug trafficking, proceeds and profit of crime, financing of terrorism and insider dealing.
Section 52 creates an offence of insider dealing, or using private information to trade in shares or securities when the same information is not yet available to the public. It outlines offenses related to drug trafficking, including penalties for those who profit from illegal drug activities as well as established measures for the confiscation of assets derived from drug-related crimes.[1]