Terrorist Asset-Freezing etc. Act 2010
Progress of the Bill
Bill started in the House of Lords
- House of Lords
- House of Commons
- Royal Assent
- Royal Assent 16 December, 2010 | 16.12.2010
Act of Parliament
|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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