Regulatory Alerts2023-03-21
Drug Trafficking Offences (Amendment) Act, 2023
The Legislature of the Virgin Islands enacted this Act to amend the Drug Trafficking Offences Act, Revised Edition 2020, by increasing statutory penalties for various drug-related offenses. The legislation raises minimum and maximum imprisonment terms and fines for convictions under sections 33, 34, 35, and 36, while also introducing new provisions for account monitoring orders to aid investigations. Additionally, the Act inserts a new section 39A empowering courts to compel financial institutions to provide account information and updates section 47 to increase specific monetary penalties.
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