Section 21ZB Disclosure after entering into arrangements

United Kingdom

(1)

F1A person does not commit an offence under any of sections 15 to 18 by involvement in a transaction or an arrangement relating to money or other property if, after becoming involved, the person discloses to an authorised officer—

(a)

the person's suspicion or belief that the money or other property is terrorist property, and

(b)

the information on which the suspicion or belief is based.

(2)

This section applies only where—

(a)

there is a reasonable excuse for the person's failure to make the disclosure before becoming involved in the transaction or arrangement, and

(b)

the disclosure is made on the person's own initiative and as soon as it is reasonably practicable for the person to make it.

(3)

This section does not apply to a person if—

(a)

an authorised officer forbids the person to continue involvement in the transaction or arrangement to which the disclosure relates, and

(b)

the person continues that involvement.

(4)

In this section “ authorised officer ” means a F2National Crime Agency officer authorised for the purposes of this section by the Director General of that Agency.

(5)

The reference in this section to a transaction or arrangement relating to money or other property includes a reference to use or possession.

Annotations

Textual amendments

F1: Ss. 21ZA-21ZC inserted (26.12.2007) by The Terrorism Act 2000 and Proceeds of Crime Act 2002 (Amendment) Regulations 2007 (S.I. 2007/3398), reg. 2, Sch. 1 para. 2
F2: Words in s. 21ZB(4) substituted (7.10.2013) by Crime and Courts Act 2013 (c. 22), s. 61(2), Sch. 8 para. 71; S.I. 2013/1682, art. 3(v)