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Terrorist Asset-Freezing etc. Act 2010

Type of Bill:
Government Bill
Sponsors:
Lord Sassoon
HM Treasury
Mr Mark Hoban
HM Treasury

Progress of the Bill

Bill started in the House of Lords

  1. House of Lords
    1. 1st reading
    2. 2nd reading
    3. Committee stage
    4. Report stage
    5. 3rd reading
  2. House of Commons
    1. 1st reading
    2. 2nd reading
    3. Committee stage
    4. Report stage
    5. 3rd reading
  3. Consideration of Amendments
  4. Royal Assent

Last event

Act of Parliament

House Act Date
Terrorist Asset-Freezing etc. Act 2010 c.38 23.12.2010

Latest news on the Terrorist Asset-Freezing etc. Act 2010

Following consideration of Lords amendments in the Commons the Bill has returned to the Lords. Both Houses have agreed on the text of the Bill and it received Royal Assent on 16 December 2010. The Bill is now an Act of Parliament (law).

Summary of the Terrorist Asset-Freezing etc. Act 2010

The United Kingdom is required by the UN to freeze the assets of persons who commit terrorist acts. 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 but reinstated by temporary legislation immediately afterwards.

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.

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