Terrorist Asset-Freezing etc. Act 2010 (c. 38)

Part 1 U.K. Terrorist Asset-Freezing

CHAPTER 2 U.K. Prohibitions in relation to designated persons

Prohibitions U.K.

14 Making economic resources available to designated person U.K.

(1) A person (“P”) must not make economic resources available (directly or indirectly) to a designated person if P knows, or has reasonable cause to suspect—

(a) that P is making the economic resources so available, and

(b) that the designated person would be likely to exchange the economic resources, or use them in exchange, for funds, goods or services.

(2) Subsection (1) is subject to section 17 (licences).

(3) A person who contravenes the prohibition in subsection (1) commits an offence.