[F110B(1)An authorised officer may seize any item of property if the authorised officer has reasonable grounds for suspecting that—U.K.
(a)it is a listed asset, and
(b)it is within subsection (1)(a) or (b) of section 1 or it is property earmarked as terrorist property.
(2)An authorised officer may also seize any item of property if—
(a)the authorised officer has reasonable grounds for suspecting the item to be a listed asset,
(b)the authorised officer has reasonable grounds for suspecting that part of the item is within subsection (1)(a) or (b) of section 1 or is property earmarked as terrorist property, and
(c)it is not reasonably practicable to seize only that part.]
Textual Amendments
F1Sch. 1 Pt. 4A inserted (27.4.2017 for specified purposes, 30.1.2018 for the insertion of Sch. 1 para. 10G(9), 31.1.2018 in so far as not already in force) by Criminal Finances Act 2017 (c. 22), s. 58(1)(6), Sch. 3 para. 2; S.I. 2018/78, regs. 2(h), 3(cc)