Source: http://www.legislation.gov.uk/ukpga/2001/24/schedule/1/part/5
Timestamp: 2019-12-14 18:10:49
Document Index: 799097651

Matched Legal Cases: ['ART 5', 'ART 5', 'art. 3', 'art. 4', 'art. 3', 'art. 3', 'art. 1']

There are currently no known outstanding effects for the Anti-terrorism, Crime and Security Act 2001, PART 5.
PART 5U.K.Property earmarked as terrorist property
Property obtained through terrorismU.K.
11(1)A person obtains property through terrorism if he obtains property by or in return for acts of terrorism, or acts carried out for the purposes of terrorism.U.K.
(2)In deciding whether any property was obtained through terrorism—
(a)it is immaterial whether or not any money, goods or services were provided in order to put the person in question in a position to carry out the acts,
(b)it is not necessary to show that the act was of a particular kind if it is shown that the property was obtained through acts of one of a number of kinds, each of which would have been an act of terrorism, or an act carried out for the purposes of terrorism.
Property earmarked as terrorist propertyU.K.
Mixing propertyU.K.
14(1)Sub-paragraph (2) applies if a person’s property which is earmarked as terrorist property is mixed with other property (whether his property or another’s).U.K.
(2)The portion of the mixed property which is attributable to the property earmarked as terrorist property represents the property obtained through terrorism.
(3)Property earmarked as terrorist property is mixed with other property if (for example) it is used—
Accruing profitsU.K.
15(1)This paragraph applies where a person who has property earmarked as terrorist property obtains further property consisting of profits accruing in respect of the earmarked property.U.K.
(2)The further property is to be treated as representing the property obtained through terrorism.
General exceptionsU.K.
16(1)If—U.K.
(a)a person disposes of property earmarked as terrorist property, and
(b)the person who obtains it on the disposal does so in good faith, for value and without notice that it was earmarked,
the property may not be followed into that person’s hands and, accordingly, it ceases to be earmarked.
(b)the claimant’s claim is based on the defendant’s criminal conduct, and
(c)apart from this sub-paragraph, the sum received, or the property obtained, by the claimant would be earmarked as terrorist property,
the property ceases to be earmarked.
In relation to Scotland, “claimant” and “defendant” are to be read as “pursuer” and “defender”; and, in relation to Northern Ireland, “claimant” is to be read as “plaintiff”.
(a)a payment is made to a person in pursuance of a compensation order under Article 14 of the Criminal Justice (Northern Ireland) Order 1994 (S.I. 1994/2795 (N.I. 15)), section 249 of the Criminal Procedure (Scotland) Act 1995 (c. 46) or section 130 of the Powers of Criminal Courts (Sentencing) Act 2000 (c. 6), [F1or in pursuance of a service compensation order under the Armed Forces Act 2006,] and
(b)apart from this sub-paragraph, the sum received would be earmarked as terrorist property,
(a)a payment is made to a person in pursuance of a restitution order under section 27 of the Theft Act (Northern Ireland) 1969 (c.16 (NI)) or section 148(2) of the Powers of Criminal Courts (Sentencing) Act 2000 or a person otherwise obtains any property in pursuance of such an order, and
(b)apart from this sub-paragraph, the sum received, or the property obtained, would be earmarked as terrorist property,
(b)apart from this sub-paragraph, the sum received by them would be earmarked as terrorist property,
(a)in pursuance of a requirement of the [F2Financial Conduct Authority, the Prudential Regulation Authority or the Bank of England under or by virtue of] section 384(5) of the Financial Services and Markets Act 2000 (c. 8) (power F3... to require restitution), an amount is paid to or distributed among any persons, and
(a)a person enters into a transaction to which paragraph 13(2) applies, and
(b)the disposal is one to which sub-paragraph (1) applies,
this paragraph does not affect the question whether (by virtue of paragraph 13(2)) any property obtained on the transaction in place of the property disposed of is earmarked.
F1Words in Sch. 1 para. 16(3)(a) inserted (28.3.2009 for specified purposes, 31.10.2009 in so far as not already in force) by Armed Forces Act 2006 (c. 52), s. 383(2), Sch. 16 para. 196; S.I. 2009/812, art. 3(a)(b) (with transitional provisions in S.I. 2009/1059); S.I. 2009/1167, art. 4
F2Words in Sch. 1 para. 16(6) substituted (1.4.2013) by Financial Services Act 2012 (c. 21), s. 122(3), Sch. 18 para. 93(a) (with Sch. 20); S.I. 2013/423, art. 3, Sch.
F3Words in Sch. 1 para. 16(6) omitted (1.4.2013) by virtue of Financial Services Act 2012 (c. 21), s. 122(3), Sch. 18 para. 93(b) (with Sch. 20); S.I. 2013/423, art. 3, Sch.
C1Sch. 1 para. 16(3) modified (24.4.2009 for specified purposes, 31.10.2009 in so far as not already in force) by The Armed Forces Act 2006 (Transitional Provisions etc) Order 2009 (S.I. 2009/1059), art. 1(3), Sch. 1 para. 50