35.Subsection (1) allows the power to seize cash to be exercised by any of the agencies operating at borders: police, customs and immigration. This is to allow for the event that a customs or immigration officer is the first to find the cash. However, it is expected that for the most part the power will be exercised by the police. The definition of cash in subsection (2) is intended to cover the most readily realisable monetary instruments used by terrorists; the order-making power in subsection (2)(e) will enable the Secretary of State to add further monetary instruments as the need arises.
Commentary Part Iii: Terrorist Property Section 24: Interpretation