Terrorism (Suppression of Financing) Act 2002 · 2020 Revised Edition · Part 2 · Terrorist Property
6A. Penalty
Feedback & supportLast amended by an amending law of 2018. 2 amendments in all.
Any person who is guilty of an offence under section 3, 4, 5 or 6 shall be liable on conviction —
in the case of an individual, to a fine not exceeding $500,000 or to imprisonment for a term not exceeding 10 years or to both; or
in any other case, to a fine not exceeding the higher of —
$1 million; or
twice the value of the property (including funds derived or generated from the property), financial services or other related services, or financial transaction (as the case may be) in respect of which the offence was committed.
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;