Regulatory Alerts2020-10-30 | 24060Added · Updated
The Consolidated Anti-Terrorism Act and Regulations, Chapter 12:07 (Unofficial Version)
The Anti-Terrorism Act criminalizes terrorist acts, the financing of terrorism, and related support activities, establishing specific offenses such as providing services or property for terrorist purposes, recruiting for terrorism, and traveling to declared geographical areas. The legislation imposes strict penalties, including fines up to thirty million dollars and imprisonment for up to twenty-five years, while granting authorities powers to seize, restrain, and forfeit terrorist property and cash. It mandates reporting requirements for designated entities, authorizes the Financial Intelligence Unit to suspend transactions, and establishes the Anti-Terrorism Unit to oversee detection, prevention, and prosecution efforts.