Textual Amendments
F1Word 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)
12(1)Property obtained through terrorism is earmarked as terrorist property.U.K.
(2)But if property obtained through terrorism has been disposed of (since it was so obtained), it is earmarked as terrorist property only if it is held by a person into whose hands it may be followed.
(3)Earmarked property obtained through terrorism may be followed into the hands of a person obtaining it on a disposal by—
(a)the person who obtained the property through terrorism, or
(b)a person into whose hands it may (by virtue of this sub-paragraph) be followed.