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)
18(1)References to a person disposing of his property include a reference—U.K.
(a)to his disposing of a part of it, or
(b)to his granting an interest in it,
(or to both); and references to the property disposed of are to any property obtained on the disposal.
(2)If a person grants an interest in property of his which is earmarked as terrorist property, the question whether the interest is also earmarked is to be determined in the same manner as it is on any other disposal of earmarked property.
(3)A person who makes a payment to another is to be treated as making a disposal of his property to the other, whatever form the payment takes.
(4)Where a person’s property passes to another under a will or intestacy or by operation of law, it is to be treated as disposed of by him to the other.
(5)A person is only to be treated as having obtained his property for value in a case where he gave unexecuted consideration if the consideration has become executed consideration.