Criminal Justice Act 1993
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.
| Act of Parliament | |
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| Long title | An Act to make provision about the jurisdiction of courts in England and Wales in relation to certain offences of dishonesty and blackmail; to amend the law about drug trafficking offences and to implement provisions of the Community Council Directive No. 91/308/EEC; to amend Part VI of the Criminal Justice Act 1988; to make provision with respect to the financing of terrorism, the proceeds of terrorist-related activities and the investigation of terrorist activities; to amend Part I of the Criminal Justice Act 1991; to implement provisions of the Community Council Directive No. 89/592/EEC and to amend and restate the law about insider dealing in securities; to provide for certain offences created by the Banking Coordination (Second Council Directive) Regulations 1992 to be punishable in the same way as offences under sections 39, 40 and 41 of the Banking Act 1987 and to enable regulations implementing Article 15 of the Community Council Directive No. 89/646/EEC and Articles 3, 6 and 7 of the Community Council Directive No. 92/30/EEC to create offences punishable in that way; to make provision with respect to the penalty for causing death by dangerous driving or causing death by careless driving while under the influence of drink or drugs; to make it an offence to assist in or induce certain conduct which for the purposes of, or in connection with, the provisions of Community law is unlawful in another member State; to provide for the introduction of safeguards in connection with the return of persons under backing of warrants arrangements; to amend the Criminal Procedure (Scotland) Act 1975 and Part I of the Prisoners and Criminal Proceedings (Scotland) Act 1993; and for connected purposes. |
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| Citation | 1993 c. 36 |
| Dates | |
| Royal assent | 27 July 1993 |
| Text of the Criminal Justice Act 1993 as in force today (including any amendments) within the United Kingdom, from legislation.gov.uk. | |
Overview
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.
Case law
- Patel v Mirza [2016] UKSC 42, on the illegality principle, and right to recover money paid even though it was to be used for insider dealing, contrary to section 52
See also
- Criminal Justice Act - other acts with similar titles
- English criminal law
- UK company law
Notes
External links
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