28 No. 21 Prevention of Terrorism 2002 shall forthwith disclose that information to a police officer not below the rank of Assistant Superintendent of Police or to a police in-charge of a station. (2) Nothing in subsection (1) requires the disclosure of any information which is protected by privilege. (3) No civil or criminal proceedings shall lie against any person for disclosing any information, in good faith, as required under subsection M. (4) Any person who fails to comply with subsection (1), commits an offence and shall on conviction, be liable to imprisonment for a term not less than two years and not more than five years. Duty to disclose information relating to property of terrorist groups or property used for commission of offences under this Act 41.-(1) Every person shall forthwith disclose to a police officer(a) the existence of any property in his or her possession or control, which is to his or her knowledge, owned or controlled by or on behalf of a terrorist group; (b) any information regarding a transaction or proposed transaction in respect of any property referred to in paragraph (a). (2) Every financial institution shall report, every three months, to the police officer and any body authorized by law to supervise and regulate its activities(a) that it is not in possession or control of any property owned or controlled by or on behalf of a terrorist group; (b) that it is in possession or control of such property, and the particulars relating to the persons, accounts, and transactions involved and the total value of the property. (3) In addition to the requirements of subsection (2), every financial institution shall report, to the police officer, every transaction which occurs within the course of its activities, and in respect of which there are reasonable grounds to suspect that the transaction is related to the commission of a terrorist act. (4) No civil or criminal proceedings shall lie against any person for making a disclosure or report, m good faith, as required under subsection (1) or (2) or (3). (5) Every person who fails to comply with subsection (1) or (2) or (3), commits an offence and shall on conviction, be liable to imprisonment for a term not less than twelve months.