Paragraph 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).

(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—

(a)

to increase funds held in a bank account,

(b)

in part payment for the acquisition of an asset,

(c)

for the restoration or improvement of land,

(d)

by a person holding a leasehold interest in the property to acquire the freehold.

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)