Section 7: Substitution for section 13

Substitute for section 13 of the Principal Act a new section. "13"-
Funds or property used for terrorism acts
13 (1) Any person or body corporate, who, in or outside Nigeria-
(a) solicits, acquires, provides. collects, receves, possesses or makes available funds. property or other services by any means, whether legitimate or otherwise, to-
(i) terrorist organisation. or
(ii) individual terrorist, directly or indirectly, willingly with the unlawful intention or knowledge or having reasonable grounds to believe that such funds or property will be used in full or in part in order to commit or facilitate an offence under this Act or in breach of the provisions of thisAct,
(b) attempts to do any of the acts specified in paragraph (a) of this subsection. and
(c) possesses funds with the unlawful intention that it be used or knowing that it will be used. directly or indirectly, in whole or in part, for the purpose of committing or facilitating the commission of a terrorist act by terrorists or terrorist groups commits an offence under this Act and is liable on conviction to imprisonment for a term of not less than ten years and not more than life imprisonment.
(2) Any person who knowingly enters into or becomes involved. participates as an accomplice organizes or directs others in an arrangement-
(a) which facilitates the acquisition. retention or control by or on behalf of another person of terrorist fund by concealment, removal out of jurisdiction,transfer to a nominee or in any other way, or
(b) as a result of which funds or other property is to be made available for the purpose of terrorism or for the benefit of--
(i) terrorist individual,
(ii) terrorist organization, or
(iii) proscribed organization, commits an offence under this Act is liable Oil conviction to life imprisonment.
(3) For an act to constitute an offence under this section, it is not necessary that the funds or property were actually used to commit any offence of terrorism.
(4) An offence under this section shall apply, regardless or whether the person alleged to have committed the offence is in the same country or a different country from the one in which -
(a) the terrorist, terrorist group or proscribed organisation is located; or
(b) the terrorist act occurred or is planned to occur.
(5) Where an offence is committed by a corporate body under this section, it is on conviction liable to a fine of not less than NIOO,OOO,OOO, in addition to -
(a) the prosecution of the principal officers of the corporate body who, on conviction are liable to imprisonment for a term of not less than ten years; or
(b) the winding-up of the corporate body and prohibition from its reconstitution or incorporation under any form or guise."