Valid from 19/02/2001
(1)An authorised officer may seize and detain any cash to which this section applies if he has reasonable grounds for suspecting that—
(a)it is intended to be used for the purposes of terrorism,
(b)it forms the whole or part of the resources of a proscribed organisation, or
(c)it is terrorist property within the meaning given in section 14(1)(b) or (c).
(2)In subsection (1)(b) the reference to an organisation’s resources includes a reference to any cash which is applied or made available, or is to be applied or made available, for use by the organisation.
(3)This section applies to cash which—
(a)is being imported into or exported from the United Kingdom,
(b)is being brought to any place in the United Kingdom for the purpose of being exported from the United Kingdom,
(c)is being brought to Northern Ireland from Great Britain, or to Great Britain from Northern Ireland,
(d)is being brought to any place in Northern Ireland for the purpose of being brought to Great Britain, or
(e)is being brought to any place in Great Britain for the purpose of being brought to Northern Ireland.
(4)Subject to subsection (5), cash seized under this section shall be released not later than the end of the period of 48 hours beginning with the time when it is seized.
(5)Where an order is made under section 26 in relation to cash seized, it may be detained during the period specified in the order.