Terrorism (Suppression of Financing) Act 2002 · 2020 Revised Edition · Part 4 · Seizure, Freezing and Confiscationof Terrorist Property
20. Expiration of warrants and restraint orders
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Subject to this section, where property has been seized under a warrant issued under section 11(1)(a) or is the subject of a restraint order issued under section 11(1)(b), the property may be detained or the order may continue in force (as the case may be) for a period not exceeding 6 months from the seizure or the issuing of the order, as the case may be.
property
“property” means —(a)assets of every kind, whether tangible or intangible, movable or immovable, however acquired; and(b)legal documents or instruments in any form, including electronic or digital, evidencing title to, or interest in, such assets, including, but not limited to, bank credits, travellers cheques, bank cheques, money orders, shares, securities, bonds, drafts and letters of credit;
The property may continue to be detained, or the order may continue in force, for a period exceeding 6 months if proceedings are instituted in respect of which the property detained may be forfeited.
The property may continue to be detained or the order may continue in force for a period or periods exceeding 6 months if the continuation is, on application made by the Public Prosecutor, ordered by a Judge, where the Judge is satisfied that the property is required, after the expiration of the period or periods, for the purpose of this Act or any other Act respecting forfeiture or for the purpose of any investigation or as evidence in any proceedings.