Part III Terrorist Property
Interpretation
14 Terrorist property.
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.