SCHEDULE 3 Forfeiture of Certain Personal (or Moveable) Property
Criminal Finances Act 2017 (2017 c 22) | Legislation

SCHEDULE 3 Forfeiture of Certain Personal (or Moveable) Property

Section 39

1

Schedule 1 to the Anti-terrorism, Crime and Security Act 2001 (forfeiture of terrorist cash) is amended as follows.

2

After paragraph 10 insert—

“Part 4A
Forfeiture of Terrorist Assets
10A
Definition of “listed assetâ€

(1)     In this Part of this Schedule, a “listed asset†means an item of property that falls within one of the following descriptions of property—

(a)     precious metals;

(b)     precious stones;

(c)     watches;

(d)     artistic works;

(e)     face-value vouchers;

(f)     postage stamps.

(2)     The Secretary of State may by regulations made by statutory instrument amend sub-paragraph (1)—

(a)     by removing a description of property;

(b)     by adding a description of tangible personal (or corporeal moveable) property.

(3)     A statutory instrument containing regulations under sub-paragraph (2) may not be made unless a draft of the instrument has been laid before and approved by a resolution of each House of Parliament.

(4)     In this paragraph—

(a)     “precious metal†means gold, silver or platinum (whether in an unmanufactured or a manufactured state);

(b)     “artistic work†means a piece of work falling within section 4(1)(a) of the Copyright, Designs and Patents Act 1988;

(c)

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