Paragraph 10B F1

(1)

An authorised officer may seize any item of property if the authorised officer has reasonable grounds for suspecting that—

(a)

it is a listed asset, and

(b)

it is within subsection (1)(a) or (b) of section 1 or it is property earmarked as terrorist property.

(2)

An authorised officer may also seize any item of property if—

(a)

the authorised officer has reasonable grounds for suspecting the item to be a listed asset,

(b)

the authorised officer has reasonable grounds for suspecting that part of the item is within subsection (1)(a) or (b) of section 1 or is property earmarked as terrorist property, and

(c)

it is not reasonably practicable to seize only that part.

Annotations

Textual amendments

F1: Sch. 1 Pt. 4A inserted (27.4.2017 for specified purposes, 30.1.2018 for the insertion of Sch. 1 para. 10G(9), 31.1.2018 in so far as not already in force) by Criminal Finances Act 2017 (c. 22), s. 58(1)(6), Sch. 3 para. 2; S.I. 2018/78, regs. 2(h), 3(cc)

Notes on Schedule 1

Textual amendments

F1: Word 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)