Anti-Terrorism Act, 1997 — Section 11K: Money-laundering

11K. Money-laundering.___ (1) A person commits an offence if he enters into or becomes concerned in any arrangement which facilitates the retention or control, by or on behalf of another person, of terrorist property:

(a)by concealment,

(b)by removal from the jurisdiction,

(c)by transfer to nominees, or

(d)in any other way.

(2)It is a defense for a person charged with an offence under subsection (1) to prove that he did not know and had no reasonable cause to suspect that the arrangement related to terrorist property. 1 Re-numbered and added by Act No. VII of 2014, s. 9. 2Added by Act No. XXIII of 2020, s. 4.