The Sri Lankan parliament produced a draft bill that looks to revise the current legislation on ‘terrorist’ financing, reported Colombo Page.
The Sri Lankan government claimed that revisions of the Terrorist Financing Act No 25 of 2005 needed revision to combat the threat of active ‘terrorists’ oversees.
The Act was amended in 2011, resulting in several terms being redefined.
Initially targeted ‘terrorist groups’, the act was expanded to include ‘individual terrorists’ and consider any asset as funding , whether they were kept within or outside Sri Lanka. Further amendments allowed for any citizen of Sri Lanka as well as any noncitizen to be culpable of financing terrorism.
The new bill looks to build on these previous amendments.
See here and here for the Sri Lankan government’s perception of a terrorist.
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