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Asset Freezing (Compensation) Bill [HL]

A Bill to make provision for the imposing of restrictions on assets owned by persons involved in conduct that gives support and assistance to terrorist organisations in the United Kingdom for the purpose of securing compensation for citizens of the United Kingdom affected by such conduct

Originating House

House of Lords

Parliament last updated

26 April 2021

In Plain English

AI-generated

May contain errors — check source documents for definitive information.

The Bill would let the government impose restrictions on assets owned by people who support or assist terrorist organisations in the United Kingdom, with the aim of securing compensation for UK citizens affected by such conduct.

Key Points

  • Creates powers to restrict or freeze assets of individuals involved in conduct that gives support and assistance to terrorist organisations in the UK.
  • Aims to secure compensation for UK citizens harmed by such conduct.
  • Originated in the Lords and moved to the Commons, where it is currently at the 2nd Reading stage.
  • Has a documented parliamentary history, including Lords stages and an Order of Commitment discharged in 2018.

Progress

Originated in the Lords; the Bill has progressed to the Commons and is at the 2nd Reading stage there.

Who is affected?

UK citizens affected by terrorist-related conductVictims and families seeking compensationIndividuals whose assets could be restricted or frozen under the Bill (alleged supporters/assisters of terrorist organisations in the UK)Asset owners and entities in the UK that may fall under asset restrictions

Generated 21 February 2026

Bill Stages

1st readingLords

26 Jun 2017

2nd readingLords

27 Oct 2017

Order of Commitment dischargedLords

24 Jan 2018

3rd readingLords

7 Feb 2018

1st readingCommons

7 Feb 2018

2nd readingCommons
Committee stageCommons
Report stageCommons
3rd readingCommons
Royal Assent

Updates & Documents

News (1)

News - Asset Freezing (Compensation)

1 Jan 1970
The Bill failed to complete its passage through Parliament before the end of the session. This means the Bill will make no further progress.

Documents (3)

Bill 165 2017-19, as brought from the Lords
BillCommons
8 Feb 2018
Asset Freezing (Compensation) Bill: Briefing for Lords Stages
Library NotesLords
15 Sept 2017
HL Bill 6 (as introduced)
BillLords
26 Jun 2017

Parliamentary Votes (0)

No recorded votes for this bill yet.