Procedure for making freezing orders (1) A power to make a freezing order is exercisable by statutory instrument. (2) A freezing order-- (a) must be laid before Parliament after being made; (b) ceases to have effect at the end of the relevant period unless before the end of that period the order is approved by a resolution of each House of Parliament (but without that affecting anything done under the order or the power to make a new order). (3) The relevant period is a period of 28 days starting with the day on which the order is made. (4) In calculating the relevant period no account is to be taken of any time during which Parliament is dissolved or prorogued or during which both Houses are adjourned for more than 4 days. (5) If the Treasury propose to make a freezing order in the belief that the condition in section 4(2)(b) is satisfied, they must not make the order unless they consult the Secretary of State.
(1) A power to make a freezing order is exercisable by statutory instrument.
(2) A freezing order--
(a) must be laid before Parliament after being made;
(b) ceases to have effect at the end of the relevant period unless before the end of that period the order is approved by a resolution of each House of Parliament (but without that affecting anything done under the order or the power to make a new order).
(3) The relevant period is a period of 28 days starting with the day on which the order is made.
(4) In calculating the relevant period no account is to be taken of any time during which Parliament is dissolved or prorogued or during which both Houses are adjourned for more than 4 days.
(5) If the Treasury propose to make a freezing order in the belief that the condition in section 4(2)(b) is satisfied, they must not make the order unless they consult the Secretary of State.
(My emphasis) *Lunatic*, n. One whose delusions are out of fashion.
Part 2 Freezing Orders Orders 4 Power to make order (1) The Treasury may make a freezing order if the following two conditions are satisfied. (2) The first condition is that the Treasury reasonably believe that-- (a) action to the detriment of the United Kingdom's economy (or part of it) has been or is likely to be taken by a person or persons, or (b) action constituting a threat to the life or property of one or more nationals of the United Kingdom or residents of the United Kingdom has been or is likely to be taken by a person or persons. (3) If one person is believed to have taken or to be likely to take the action the second condition is that the person is-- (a) the government of a country or territory outside the United Kingdom, or (b) a resident of a country or territory outside the United Kingdom. (4) If two or more persons are believed to have taken or to be likely to take the action the second condition is that each of them falls within paragraph (a) or (b) of subsection (3); and different persons may fall within different paragraphs.
Part 2
Freezing Orders
Orders
(1) The Treasury may make a freezing order if the following two conditions are satisfied.
(2) The first condition is that the Treasury reasonably believe that--
(a) action to the detriment of the United Kingdom's economy (or part of it) has been or is likely to be taken by a person or persons, or
(b) action constituting a threat to the life or property of one or more nationals of the United Kingdom or residents of the United Kingdom has been or is likely to be taken by a person or persons.
(3) If one person is believed to have taken or to be likely to take the action the second condition is that the person is--
(a) the government of a country or territory outside the United Kingdom, or
(b) a resident of a country or territory outside the United Kingdom.
(4) If two or more persons are believed to have taken or to be likely to take the action the second condition is that each of them falls within paragraph (a) or (b) of subsection (3); and different persons may fall within different paragraphs.
A vivid image of what should exist acts as a surrogate for reality. Pursuit of the image then prevents pursuit of the reality -- John K. Galbraith
WTF? A vivid image of what should exist acts as a surrogate for reality. Pursuit of the image then prevents pursuit of the reality -- John K. Galbraith
