(1)In this Act “terrorist property” means—
(a)money or other property which is likely to be used for the purposes of terrorism (including any resources of a proscribed organisation),
(b)proceeds of the commission of acts of terrorism, and
(c)proceeds of acts carried out for the purposes of terrorism.
(2)In subsection (1)—
(a)a reference to proceeds of an act includes a reference to any property which wholly or partly, and directly or indirectly, represents the proceeds of the act (including payments or other rewards in connection with its commission), and
(b)the reference to an organisation’s resources includes a reference to any money or other property which is applied or made available, or is to be applied or made available, for use by the organisation.