Part III Terrorist Property
Offences
C118 Money laundering.
1
A person commits an offence if he enters into or becomes concerned in an arrangement which facilitates the retention or control by or on behalf of another person of terrorist property—
a
by concealment,
b
by removal from the jurisdiction,
c
by transfer to nominees, or
d
in any other way.
2
It is a defence for a person charged with an offence under subsection (1) to prove that he did not know and had no reasonable cause to suspect that the arrangement related to terrorist property.