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]
My Lords, these amendments relate to the requirement on the Treasury, where an interim or final designation expires or is varied or revoked, to take such steps as it considers appropriate to bring that fact to the attention of those informed of the interim or final designation. When the Bill was being discussed before the Committee of the whole House, the noble Lord, Lord Pannick, expressed concern that the wording of what are now Clauses 8(2)(b) and 9(2)(b), which make provision for the duration, variation and revocation of interim designations, did not hold the Treasury to a sufficiently high standard, as it was open to it to consider, in its own subjective determination, the steps to be taken to inform those informed of an interim designation of the expiry, variation or revocation of the interim designation. We agree that it is important that persons informed of an interim designation are also informed of an expiration, variation or revocation of that designation and, on reflection, we believe that it is appropriate to make express provision in the Bill for the Treasury to be required to take reasonable steps to notify such persons. Furthermore, the same standard should be applied to the steps that the Treasury must take to inform persons of the expiry, variation or revocation of a final designation. Therefore, these amendments, which I hope address the noble Lord’s concerns, amend not only Clause 8(2)(b) and Clause 9(2)(b), but Clause 4(5)(b) and Clause 5(2)(b), which make provision for the duration, variation and revocation of final designations. The amendments have the same effect on each of the clauses, in that they remove the Treasury’s discretion to determine subjectively the steps that it considers appropriate and replace it with an obligation to take steps that, on an objective assessment, would be considered reasonable in the circumstances. I therefore beg to move.
Secondary information
- Type
- Proceeding contribution
- Reference
- 721 c1049
- 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
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