37.A magistrate can allow continued detention for up to 3 months under subsection (2)(b) of section 26. A further application can be granted after the 3 months has expired, and so on, up to a maximum of two years (subsection (4)). In section 27, subsection (1) provides for any interest accruing on the cash, and subsections (2)–(5) for application to the court for a direction that the cash be released.
Commentary Part Iii: Terrorist Property Sections 26–27: Continued detention of cash