Anti-terrorism, Crime and Security Act 2001

This section has no associated Explanatory Notes

4(1)If cash is detained under this Schedule for more than 48 hours [F1(determined in accordance with paragraph 3(1A))] , it is to be held in an interest-bearing account and the interest accruing on it is to be added to it on its forfeiture or release.U.K.

(2)In the case of cash seized under paragraph 2(2), the authorised officer must, on paying it into the account, release so much of the cash then held in the account as is not attributable to terrorist cash.

(3)Sub-paragraph (1) does not apply if the cash is required as evidence of an offence or evidence in proceedings under this Schedule.

Textual Amendments

F1Words in Sch. 1 para. 4(1) inserted (with application in accordance with s. 83(4) of the amending Act) by Counter-Terrorism Act 2008 (c. 28), ss. 83(3), 100(5) (with s. 101(2)); S.I. 2009/58, art. 2(h)