Part 1Terrorist Asset-Freezing

CHAPTER 2Prohibitions in relation to designated persons

Prohibitions

14Making economic resources available to designated person

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.