The Scrap Metal Dealers Act 2013 provides a mandatory licensing regime for the metal recycling industry, which is worth about 7 billion per annum. It bans trading in cash and creates new criminal offences that carry unlimited fines. Since it came into force on 1 October 2013, there has been no case law clarifying its meaning and scope, although its meaning is potentially broad, and perhaps broader than was intended. In the absence of guidance...
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