UK Parliament / Open data

Terrorist Asset-Freezing etc. Bill [HL]

My Lords, I fully appreciate that the intention of Amendments 12 and 13 is to give the Treasury flexibility when determining whether to publicise a designation. However, the Treasury believes that the automatic publication of designations on its website where the conditions of Clause 3(3) are not met is the most efficient and effective way of achieving the appropriate level of awareness and compliance with the asset freeze. It is the most effective method of informing the financial sector and other parties of their asset-freezing obligations, and thus of limiting the risk of the prohibitions—
Type
Proceeding contribution
Reference
721 c162-3 
Session
2010-12
Chamber / Committee
House of Lords chamber
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