The Terrorism Act 2000 – Defences Against Prosecution

The penalty for Terrorism Act offences can be a maximum of 14 years’ custody and/or a fine.

Defences against prosecution may be based on the following:

• Having been involved in co-operation with the police and having made arrangements with prior consent.
• Having made a disclosure after entering into arrangements.

It is possible to make a disclosure if you are already involved in a transaction or arrangement involving terrorist financing so long as there is a reasonable excuse for failure to make a disclosure in advance. However reporting in advance is preferable.
Having a reasonable excuse for failure to disclose: there is also a defence if you intended to make a disclosure but have a reasonable excuse for failing to do so.