SCHEDULES
SCHEDULE 1Forfeiture of terrorist F1property
F2PART 2AForfeiture of terrorist cash without court order
Sch. 1 Pt. 2A inserted (27.4.2017 for specified purposes, 30.1.2018 for the insertion of Sch. 1 para. 5A(10), 31.1.2018 in so far as not already in force) by Criminal Finances Act 2017 (c. 22), ss. 38(4), 58(1)(6); S.I. 2018/78, regs. 2(d), 3(u)
Effect of cash forfeiture notice
5B
1
This paragraph applies if a cash forfeiture notice is given in respect of any cash.
2
The cash is to be detained until—
a
the cash is forfeited under this paragraph,
b
the notice lapses under this paragraph, or
c
the cash is released under a power conferred by this Schedule.
3
If no objection is made within the period for objecting specified in the notice under paragraph 5A(4)(d), and the notice has not lapsed, the cash is forfeited (subject to paragraph 5D).
4
If an objection is made within the period for objecting, the notice lapses.
5
If an application is made for the forfeiture of the whole or any part of the cash under paragraph 6, the notice lapses.
6
If the cash or any part of it is released under a power conferred by this Schedule, the notice lapses or (as the case may be) lapses in relation to that part.
7
An objection may be made by anyone (whether a recipient of the notice or not).
8
An objection means a written objection sent to the address specified in the notice; and an objection is made when it is received at the address.
9
An objection does not prevent forfeiture of the cash under paragraph 6.
10
Nothing in this paragraph affects the validity of an order under paragraph 3(2).
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)