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Section 24

Section 44 of the principal Act is amended—

of Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities (Amendment) Act 2025

Amendment ActIn forceProvision 24 of 52
Section 24

(a)

in subsection (1)—

(i)

by substituting for the words “or any terrorist property” the words “any terrorist property or proliferator property”; and

(ii)

in subparagraph (b)(i), by substituting for the words “subsection 4(1) or a terrorism financing offence” the words “subsection 4(1) or 4a(2), a terrorism financing offence or a restricted activity financing offence”;

(b)

by deleting subsection (8); and

(c)

in subsection (9), by deleting the words “(if any), as the case may be,”.

Amendment of section 44a