These Regulations bring into operation on 28th June 2021 a revised code of practice made under section 303G of the Proceeds of Crime Act 2002 (c. 29) (“the 2002 Act”) in connection with the exercise of the powers conferred by virtue of section 303C of the 2002 Act. Section 303C is in Chapter 3A of Part 5 of the 2002 Act, which was inserted by section 15 of the Criminal Finances Act 2017 (c. 22). Revisions to the code of practice are necessitated by the commencement in Northern Ireland of amendments made to the 2002 Act by the Criminal Finances Act 2017.