Commercial Law Measures in the UK - Essay Example

In an effort to combat terrorism, the UK has introduced laws to punish perpetrators of these activities. Under the law, the principal terrorist offences are outlined. Under section 15 of the Terrorism Act, it is deemed an offence to get involved in fundraising with prior information that the funds raised or property used for that matter may be used for terrorist activities. It is considered an offence to possess or use money or property for terrorist activities with reasonable cause to suspect such is used for the activities. The act further states that it is an offence to be involved in any arrangement that makes money or property to another party with the knowledge or reasonable cause to have a suspicion that it supports acts of terrorism. Finally, the act clearly stipulates that it is an offence to be involved or concerned in arrangements that facilitate the control of terrorist property by or on behalf of a different person. These laws have been effective in curtailing terrorism financing in the UK. The discussion above clearly brings out the measures and their effectiveness in fighting global vice. It is a measure that has been adopted across the world to combat and end terrorist activities.

In conclusion, therefore, it is prudent that states emulate the policies and laws enacted by the UK to fight terrorism financing. Being a global phenomenon, it is vital that other countries join the fight and come up with tighter legislation that will improve security for everyone around the world. Terrorism activities cause harm and instil fear in the general populace. Above all it causes death and punitive measures in form of legislation need to be adopted and effected.