Section 103, Terrorism Act, 2012

(1) Subject to section 107, the competent authority uponapplication to the court and production to the court of a request for the freezing or forfeiture of property in the possession or under the control of a person named in the request, may obtain an order– (a) freezing the property of or in the possession or under the control of the person named in the request for such period as is indicated in the order; (b) giving directions as to the disposal of the property for the purpose of– (i) determining any dispute as to ownership of or other interest in the property or any part of the property; (ii) its proper administration during the period of freezing; (iii) the payment of debts, incurred in good faith, due to creditors prior to the request; (iv) the payment of moneys to that person and his family; (v) the payment of costs and other expense to defend any criminal proceeding referred to in the request; (c) forfeiting the property of or in the possession or under the control of any person named in the request. International cooperation. Mutual assistance. Competent authority’s power to obtain search warrant. Freezing and forfeiture of property in international cooperation. 90 91