Part III

Terrorist Property

Offences

Disclosure after entering into arrangements
21ZB
1
A person does not commit an offence under any of sections 15 to 18 by involvement in a transaction or an arrangement relating to money or other property if, after becoming involved, the person discloses to an authorised officer—
a
the person's suspicion or belief that the money or other property is terrorist property, and
b
the information on which the suspicion or belief is based.
2
This section applies only where—
a
there is a reasonable excuse for the person's failure to make the disclosure before becoming involved in the transaction or arrangement, and
b
the disclosure is made on the person's own initiative and as soon as it is reasonably practicable for the person to make it.
3
This section does not apply to a person if—
a
an authorised officer forbids the person to continue involvement in the transaction or arrangement to which the disclosure relates, and
b
the person continues that involvement.
4
In this section “
authorised officer
” means a
National Crime Agency officer
authorised for the purposes of this section by the Director General of that Agency.
5
The reference in this section to a transaction or arrangement relating to money or other property includes a reference to use or possession.
Ss. 21ZA-21ZC inserted (26.12.2007) by The Terrorism Act 2000 and Proceeds of Crime Act 2002 (Amendment) Regulations 2007 (S.I. 2007/3398), reg. 2, Sch. 1 para. 2
Words in s. 21ZB(4) substituted (7.10.2013) by Crime and Courts Act 2013 (c. 22), s. 61(2), Sch. 8 para. 71; S.I. 2013/1682, art. 3(v)