ADVOKS GLOBAL · KENYA
Prevention of Terrorism Act
42. Duty to disclose information relating to property of terrorist groups or property used for commission of offences under this Act
Edition: 2025-06-20 · In force
42. Duty to disclose information relating to property of terrorist groups or property used for commission of offences under this Act
(1)A person who has information on—(a)the existence of any property in his or property used for commission of offences under this Act possession or control which is to his knowledge owned or controlled by or on behalf of a terrorist group; or(b)any information regarding a transaction or proposed transaction in respect of any property referred to in paragraph (a),shall disclose that information to the Financial Reporting Centre.(2)Where a financial institution has reasonable grounds to believe that it holds any property or an account that is owned or controlled by or on behalf of a terrorist group or specified entity, it shall, disclose to the Financial Reporting Centre the particulars of—(a)the name, physical and postal address and occupation of the property owner;(b)a description of the property held;(c)the value of the property; and(d)such other information as the financial institution or the police officer shall consider necessary.(3)In addition to the requirements specified under subsection (2), every financial institution shall submit to the Financial Reporting Centre, information in relation to a transaction carried out which it has reasonable grounds to believe is intended to facilitate the commission of a terrorist act.(4)No civil or criminal proceedings shall lie against any person in respect of a disclosure or report made in good faith, under subsections (1), (2) or (3).(5)A person who fails to comply with the provisions of subsections (1), (2) or (3) commits an offence and is liable, on conviction, to a fine not exceeding one million shillings or to imprisonment for a term not exceeding seven years.