Forfeiture order for terrorist property

(1) Where, upon application by the Director of Public Prosecutions or the Financial Intelligence Unit, the Court is satisfied, on a balance of probabilities, that property to which the application relates is terrorist property, the Court shall order that specified property to be forfeited. (2) Notwithstanding sub-section (1), if a person claiming an interest in the property to which an application relates satisfies the Court that he– (a) has an interest in the property; (b) has, in the circumstances, exercised reasonable care to ensure that the property is not terrorist property; and (c) is not a member of a terrorist organisation, the Court shall order that the interest of that person shall not be affected by the forfeiture order, and the Court shall declare the nature and extent of the interest in question. (3) If a person obtains an interest in property after it becomes terrorist property, no order shall be made under sub-section (2) in respect of that interest unless the person is a bona fide purchaser for value, without reason to suspect that the property is terrorist property. (4) Where the Court makes a forfeiture order, the Court may give such directions as are necessary or convenient for giving effect to the order.