Clause 14

in section 2(1), in the definition of “FATF Recommendations”, replace “and the financing of terrorism” with “, proliferation financing and terrorism financing”;

in section 2(1), in the definition of “substantial shareholder”, after “Companies Act”, insert “1967”;

in section 5(1)(e) and (f)(i), replace “(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” with “(whether before, on or after the date of commencement of section 14(c) of the Anti‑Money Laundering and Other Matters (Estate Agents and Developers) Act 2025) of any money laundering, proliferation financing or terrorism financing offence”;

in section 7(1)(da), replace “(whether before, on or after the date of commencement of section 4 of the Developers (Anti‑Money Laundering and Terrorism Financing) Act 2018) of any money laundering or terrorism financing offence” with “(whether before, on or after the date of commencement of section 14(d) of the Anti‑Money Laundering and Other Matters (Estate Agents and Developers) Act 2025) of any money laundering, proliferation financing or terrorism financing offence”;

in Part IIIA, replace the Part heading with — “PART 3A PREVENTION OF MONEY LAUNDERING, PROLIFERATION FINANCING AND TERRORISM FINANCING”;

in section 12B(2)(a), after “terrorism”, insert “, terrorism financing and proliferation financing”;

in section 12D(1), replace “section 39(1) of the Corruption, Drug Trafficking and Other Serious Crimes (Confiscation of Benefits) Act, the licensed housing developer must, in accordance with section 39” with “section 45(1) of the Corruption, Drug Trafficking and Other Serious Crimes (Confiscation of Benefits) Act 1992, the licensed housing developer must, in accordance with section 45”;

in section 12E, in the section heading, after “money laundering”, insert “, proliferation financing”;

in the following provisions, after “money laundering” wherever it appears, insert “, proliferation financing”:Section 12E(1), (2)(a) and (c), (3) and (4)Section 14(2)Section 22(2)(b);

in section 12E(5), replace “or the financing of terrorism” with “, proliferation financing or terrorism financing”;

in section 12F(1)(a), replace “(whether before, on or after the date of commencement of section 5 of the Developers (Anti‑Money Laundering and Terrorism Financing) Act 2018) of any money laundering or terrorism financing offence” with “(whether before, on or after the date of commencement of section 14(k) of the Anti‑Money Laundering and Other Matters (Estate Agents and Developers) Act 2025) of any money laundering, proliferation financing or terrorism financing offence”;

in Part IIIB, in the Part heading, replace “PART IIIB” with “PART 3B”;

in section 14(2), replace “Part IIIA” with “Part 3A”;

in section 22(2)(b)(ii), replace “the financing of terrorism” with “terrorism financing”; (o)in section 22(2)(b)(iii), after “terrorism”, insert “, terrorism financing and proliferation financing”; and

in section 25(1)(ba), replace “(whether before, on or after the date of commencement of section 8 of the Developers (Anti‑Money Laundering and Terrorism Financing) Act 2018) of any money laundering or terrorism financing offence” with “(whether before, on or after the date of commencement of section 14(p) of the Anti‑Money Laundering and Other Matters (Estate Agents and Developers) Act 2025) of any money laundering, proliferation financing or terrorism financing offence”.