(1) A person shall not, directly or indirectly, provide or make available funds, economic resources, financial or other related services—
(a) intending that the funds, economic resources, financial or other related service be used, in whole or in part, for the purpose of committing or facilitating the commission of a terrorist act or for the purpose of benefiting a person who is committing or facilitating the commission of a terrorist act;
(b) knowing or having reasonable grounds to believe that the funds, economic resources, financial or other related services will be used by or will benefit—
(i) a terrorist group,
(ii) a person owned or controlled by a terrorist group, or
(iii) a person acting on behalf of a terrorist group.
(2) A person who contravenes subsection (1) commits an offence and is liable on conviction on indictment to imprisonment for a term of twenty-five years.
(3) A financial institution that contravenes subsection (1) commits an offence and is liable on conviction on indictment to a fine not exceeding one million dollars.
(4) A director, general manager, or an employee of a financial institution who contravenes subsection (1) commits an offence and is liable on conviction on indictment to imprisonment for a term of twenty-five years.
(Substituted by Act 28 of 2019)