Terrorism (Suppression of Financing) Act 2002 · 2020 Revised Edition · Part 4 · Seizure, Freezing and Confiscationof Terrorist Property
24. Order for forfeiture of property
Feedback & supportIf a Judge is satisfied on a balance of probabilities that property is property mentioned in section 21(a) or (b), the Judge is to order that the property be forfeited to the Government.
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;
For the purposes of subsection (1), where the property owned or controlled by any terrorist or terrorist entity has been mixed with other property (whether the property of the terrorist or terrorist entity), the order of forfeiture is to relate to the portion of the mixed property which represents the property owned or controlled by the terrorist or terrorist entity.
terrorist
“terrorist” means any person who —(a)commits, or attempts to commit, any terrorist act; or(b)participates in or facilitates the commission of any terrorist act,and includes any person set out in the First Schedule;