Skip to main content

Proceeding contribution from Lord Sassoon (Conservative) in the House of Lords on Monday, 25 October 2010. It occurred during Debate on bill on Terrorist Asset-Freezing etc. Bill [HL].


Terrorist Asset-Freezing etc. Bill [HL]

Under Clause 1, people anywhere in the world can be designated. To repeat myself again, the prohibitions, on the other hand, apply only within UK jurisdictions; that is, to assets either held in the UK or held by UK persons such as banks overseas. That is about as clear as I can be on the Government’s understanding of the scope of Clause 1. The people overseas who are subject to asset freezes are operating in environments where it is not possible to charge or to convict them clearly of terrorist offences, but where it is necessary in order to disrupt their actual or potential—


Secondary information

Type
Proceeding contribution
Reference
721 c1042 
Session
2010-12
Chamber / Committee
House of Lords chamber
Subjects
Disclosure of information Appeals Human rights Jurisdiction Financial services Financial institutions International cooperation Money laundering Terrorism Treasury Sequestration of assets Freezing of assets
Legislation
Terrorist Asset-freezing etc Bill (HL) 2010-12
Link
View this Proceeding contribution on www.publications.parliament.uk