xmlns:atom="http://www.w3.org/2005/Atom"

Part IIITerrorist Property

Seizure of terrorist cash

27Detained cash

(1)Cash detained under section 25 by virtue of an order under section 26 shall, unless required as evidence of an offence, be held in an interest bearing account; and the interest accruing on the cash shall be added to it on its release or forfeiture.

(2)Any person may apply to a magistrates' court, or in Scotland to the sheriff, for a direction that cash detained under section 25 be released.

(3)A magistrates' court or the sheriff shall grant an application under subsection (2) if satisfied—

(a)that section 26(3)(a) or (b) no longer applies, or

(b)that the detention of the cash is for any other reason no longer justified.

(4)An authorised officer, or in Scotland the procurator fiscal, may release cash detained under section 25 if—

(a)he is satisfied that its detention is no longer justified, and

(b)he has notified the magistrates' court or sheriff who made the order by virtue of which the cash is being detained under section 25.

(5)Cash detained under section 25 shall not be released under this section—

(a)while proceedings on an application for its forfeiture under section 28 have not been concluded, or

(b)while proceedings, whether in the United Kingdom or elsewhere, which relate to the cash have not been concluded.