https://www.taxtmi.com/article/detailed?id=9718 The Act defines terrorist act broadly to include violence or threats aimed at national unity, security, economic stability or public terror, and lists treaty offences and detailed inclusions. It defines proceeds of terrorism as property derived from or intended for terrorism and bars possession. The statute creates a forfeiture regime with notice, representation, hearing, and bona fide transferee protection; empowers Designated Authorities to confirm or revoke seizures; requires prior approvals for seizures; and criminalizes fundraising, support, membership, recruitment, and holding terrorist proceeds with severe penalties. en-us Mon, 22 Mar 2021 09:20:33 +0530 Mon, 22 Mar 2021 09:20:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=9718 The Act defines terrorist act broadly to include violence or threats aimed at national unity, security, economic stability or public terror, and lists treaty offences and detailed inclusions. It defines proceeds of terrorism as property derived from or intended for terrorism and bars possession. The statute creates a forfeiture regime with notice, representation, hearing, and bona fide transferee protection; empowers Designated Authorities to confirm or revoke seizures; requires prior approvals for seizures; and criminalizes fundraising, support, membership, recruitment, and holding terrorist proceeds with severe penalties. Articles Other Topics Mon, 22 Mar 2021 09:20:33 +0530 https://www.taxtmi.com/article/detailed?id=9718