(1) The Minister must , by legislative instrument, list a person or entity under this section if the Minister is satisfied on reasonable grounds of the prescribed matters.
(2) The Governor - General may make regulations prescribing the matters of which the Minister must be satisfied before listing a person or entity under subsection ( 1).
(3) The Minister may , by legislative instrument, list an asset, or class of asset, under this section if the Minister is satisfied on reasonable grounds of the prescribed matters.
(4) The Governor - General may make regulations prescribing the matters of which the Minister must be satisfied before listing an asset under subsection ( 3).
(5) A matter must not be prescribed under subsection ( 2) or (4) unless the prescription of the matter would give effect to a decision that:
(a) the Security Council has made under Chapter VII of the Charter of the United Nations; and
(b) Article 25 of the Charter requires Australia to carry out; and
(c) relates to terrorism and dealings with assets.