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ARTICLE · 03 DECEMBER 2009

The Fraud Act 2006: An Update

Peters & Peters Solicitors LLP
Peters & Peters Solicitors LLP
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It was back in 1998 that Jack Straw, the then Home Secretary, asked the Law Commission to examine the law on fraud and whether a general offence of fraud would be an improvement to the body of criminal law.

United KingdomCriminal Law

By Anand Doobay, Partner in the Fraud and Regulatory Department, Peters & Peters Solicitors

Introduction

1. It was back in 1998 that Jack Straw, the then Home Secretary, asked the Law Commission to examine the law on fraud and whether a general offence of fraud would be an improvement to the body of criminal law. A Law Commission Report, a Government Consultation Paper, the Government's response and eight years later the Fraud Act 2006 finally received Royal Assent on 8 November 2006 and came into force on 15 January 2007.

2. The Act abolishes the deception offences in the Theft Acts 1968 and 1978, namely:

  1. Obtaining property by deception (section 15, TA 1968);
  2. Obtaining a money transfer by deception (section 15A, TA 1968);

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