Assisting another to retain the benefits of drug trafficking

(1) If a person enters into or is otherwise concerned in an arrangement whereby– (a) the retention of control by or on behalf of another (call him “A”) of the proceeds of drug trafficking by A is facilitated (whether by concealment, removal from the jurisdiction, transfer to nominees or otherwise); or 33 (b) the proceeds of drug trafficking by A– (i) are used to secure that funds are placed at A’s disposal; or (ii) are used for A’s benefit to acquire property by way of investment, knowing or having reasonable grounds to believe that A is a person who carries on or has carried on drug trafficking, proof whereof, commits an offence and is liable on conviction therefor to the penalties prescribed in section 18 for a drug trafficking (2) In this section, references to the proceeds of drug trafficking by any person include a reference to any property which in whole or in part directly or indirectly represented in his hands the proceeds of drug trafficking by him. (3) Where a person discloses to a police officer a suspicion or belief that any funds or investments are derived from or used in connection with drug trafficking or any matter on which such a suspicion or belief is based– (a) the disclosure shall not be treated as a breach of any restriction upon the disclosure of information imposed by contract; and (b) if he does any act in contravention of sub- section (1) and the disclosure relates to the arrangement concerned, he does not commit an offence under this section if the disclosure is made in accordance with this paragraph, that is– (i) it is made before he does the act concerned, being an act done with the consent of the police officer; or 34 (ii) it is made after he does the act, but is made on his initiative and as soon as it is reasonable for him to make it.