Prevention of Terrorism (Temporary Provisions) Act 1989

11 Assisting in retention or control of terrorist funds

(1) A person is guilty of an offence if he enters into or is otherwise concerned in an arrangement whereby the retention or control by or on behalf of another person of terrorist funds is facilitated, whether by concealment, removal from the jurisdiction, transfer to nominees or otherwise.

(2) In proceedings against a person for an offence under this section it is a defence to prove that he did not know and had no reasonable cause to suspect that the arrangement related to terrorist funds.

(3) In this section and section 12 below “terrorist funds” means—

(a) funds which may be applied or used for the commission of, or in furtherance of or in connection with, acts of terrorism to which section 9 above applies;

(b) the proceeds of the commission of such acts of terrorism or of activities engaged in in furtherance of or in connection with such acts; and

(c) the resources of a proscribed organisation.

(4) Paragraph (b) of subsection (3) includes any property which in whole or in part directly or indirectly represents such proceeds as are mentioned in that paragraph; and paragraph (c) of that subsection includes any money or other property which is or is to be applied or made available for the benefit of a proscribed organisation.