Proceeding contribution from Lord Sassoon (Conservative) in the House of Lords on Wednesday, 6 October 2010. It occurred during Committee of the Whole House (HL) and Debate on bill on Terrorist Asset-Freezing etc. Bill [HL].
Terrorist Asset-Freezing etc. Bill [HL]
My Lords, as my noble friend has made clear, the suggestion behind the amendment is that subsection (1) of Clause 21 gives the Treasury a wide power to disseminate information. It is the intention of the amendment to limit that power. In fact, this provision applies to anyone giving information to the Treasury as well as to any information supplied by the Treasury. Therefore, the purpose of the provision is primarily to protect persons when they disclose information to the Treasury. For example, it protects a bank that has provided information about a customer to the Treasury in accordance with the requirement under the Bill from being subject to an action taken by the customer on the basis of a breach of confidence. I also note, as my noble friend does, that no disclosure under the Bill can be made in a way that contravenes the Data Protection Act. This is set out in Clause 21(2). On the second point that my noble friend raises, the general wording of Clause 21(1) is not, as a matter of constitutional principle, capable of overriding any provision in the Human Rights Act. I trust that these points will be sufficient to reassure my noble friend that this clause is necessary and that the protections in place under Clause 21(2) meet the intention of her amendment. I hope that she will be able to withdraw it.
Secondary information
- Type
- Proceeding contribution
- Reference
- 721 c198-9
- Session
- 2010-12
- Chamber / Committee
- House of Lords chamber
- Subjects
- Disclosure of information Compensation Civil liberties Appeals Assets Bank services Banks Court orders Advocacy Financial services Financial institutions Insurance International cooperation Money laundering Terrorism Stocks and shares Treasury Sequestration of assets High Court
- Legislation
- Terrorist Asset-freezing etc Bill (HL) 2010-12
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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