SCHEDULES
SCHEDULE 1Forfeiture of terrorist F1property
Annotations:
Amendments (Textual)
PART 5Property earmarked as terrorist property
Property earmarked as terrorist property
12
1
Property obtained through terrorism is earmarked as terrorist property.
2
But if property obtained through terrorism has been disposed of (since it was so obtained), it is earmarked as terrorist property only if it is held by a person into whose hands it may be followed.
3
Earmarked property obtained through terrorism may be followed into the hands of a person obtaining it on a disposal by—
a
the person who obtained the property through terrorism, or
b
a person into whose hands it may (by virtue of this sub-paragraph) be followed.
Word in Sch. 1 heading substituted (27.4.2017 for specified purposes, 31.1.2018 in so far as not already in force) by Criminal Finances Act 2017 (c. 22), s. 58(5)(6), Sch. 5 para. 16(2); S.I. 2018/78, reg. 5(1)(c)