Terrorist Asset-Freezing Bill [HL] [Bill 102 of 2010-11]
The UK is required by the UN to freeze the assets of persons who commit terrorist acts. In a case that raised “fundamental questions about the relationship between Parliament and the executive” the UK legislation that allowed the Treasury to freeze the assets of those suspected of involvement in terrorism was quashed by the UK Supreme Court in January 2010. The legislation was reinstated by temporary legislation immediately afterwards, but the Terrorist Asset-Freezing (Temporary Provisions) Act 2010 expires on 31 December 2010. This Bill seeks to replace that Act with a permanent legislative framework.
The UK is required by the UN to freeze the assets of persons who commit terrorist acts. In a case that raised “fundamental questions about the relationship between Parliament and the executive” the UK legislation that allowed the Treasury to freeze the assets of those suspected of involvement in terrorism was quashed by the UK Supreme Court in January 2010. The legislation was reinstated by temporary legislation immediately afterwards, but the Terrorist Asset-Freezing (Temporary Provisions) Act 2010 expires on 31 December 2010. This Bill seeks to replace that Act with a permanent legislative framework.