4:30pm: FORTY-TWO year old Haisem Zahab from Cherry Vale Road, Young, has been arrested and charged with a number of offences relating to terrorism.
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Mr Zahab did not apply for bail when he appeared before Young Local Court on Tuesday afternoon, and it was formally refused by magistrate Peter Dare.
Mr Zahab will be held in custody before appearing in the Paramatta Local Court on Wednesday, March 8, via audio-visual link.
Mr Zahab has been charged with giving and receiving goods and services to promote commission of section 119.1 offence between 12am on December 1, 2014 and and February 28, 2017 at Young.
He was also charged with intentionally performing services for a body, being Islamic State with the research, design, and modelling of a long-range missile and a guidance system for the missile with the intention of supporting or promoting the commission of an offence against section 119.1 of the criminal code and for the research and design of a laser warning receiving with the intention of supporting or promoting the commission of an offence against section 119.1 of the criminal code.
Magistrate Peter Dare said these charges could carry life sentences.
The Commonwealth prosecutor Ms L Thompson would not confirm if the appearance via audio-visual link was for security reasons, only saying it was the instructions she had been given.
3.30pm: A man has been arrested and is about to appear in Young Local Court following a counter terror operation in Young on Tuesday afternoon.
3pm: Dozens of Australian Federal Police Officers have been searching a property at Cherry Vale Place in Young with metal detectors.
The raid began on Tuesday morning and is ongoing.
Prime Minister Malcolm Turnbull said it will be alleged the man "acted with intent to provide ISIL with the capability" to detect and develop missiles.
"This morning, the Australian Federal Police arrested a 42-year-old man in the New South Wales town of Young in relation to terrorism offences," Mr Turnbull said in a briefing at Parliament House in Canberra.
"This operation does not relate to any planned terrorist attack in Australia.
"Police will allege that the man arrested has sought to advise ISIL on how to develop high-tech weapons capability. This highlights that terrorism, support for terrorist groups, and Islamist extremism is not limited to our major cities."
EARLIER: The Australian Federal Police (AFP) are conducting an investigation in Young today in regards to an ongoing matter.
The operation is taking place at a residence in Cherry Vale Place in Young.
The AFP have confirmed they are conducting operational activity in relation to an ongoing investigation in Young, NSW on Tuesday.
The AFP has said this activity is not related to a current or impending threat to the community.
According to the AFP this activity remains ongoing and it is not appropriate to provide further comment.
Further details will be provided by the AFP at an appropriate time once activity is finalised.