Proceeding contribution from Lord Wallace of Tankerness (Liberal Democrat) 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, in principle, it would be possible to allow people to spend their own funds on legal expenses. It does not detract from the possibility of a licence being issued, but there are practical reasons why it is not possible to allow frozen funds to be used to pay legal expenses. For example, there would be circumstances where banks would be put in a position of having to determine whether a particular transaction was for legal expenses or not. The Treasury allows this matter to be dealt with by way of licence with the appropriate conditions attached. That would be the way to deal with an individual licence on an individual application and a person seeking to use his own funds as opposed to and distinct from the general licence that exists for legal aid, which I have indicated would be issued with regard to the third-party circumstances that we have already discussed.
Secondary information
- Type
- Proceeding contribution
- Reference
- 721 c1063
- 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
Librarians' tools
- Timestamp
- 2023-12-15 13:23:33 +0000
- URI
- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_672324
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_672324
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_672324