Clause 3

by deleting the word “or” at the end of paragraph (c); and

by deleting the full-stop at the end of paragraph (d) and substituting a semi‑colon, and by inserting immediately thereafter the following paragraphs:“(e)is an individual who has been convicted (whether before, on or after the date of commencement of section 3 of the Developers (Anti‑Money Laundering and Terrorism Financing) Act 2018) of any money laundering or terrorism financing offence;

is a company, partnership, society or limited liability partnership which —

has been convicted (whether before, on or after the date of commencement of section 3 of the Developers (Anti‑Money Laundering and Terrorism Financing) Act 2018) of any money laundering or terrorism financing offence; or

has an individual mentioned in paragraph (e) who holds or is to hold a responsible position in that company, partnership, society or limited liability partnership, as the case may be; or (g)is a company which has as a substantial shareholder a person mentioned in paragraph (e) or (f).”.